A Net income? Units sold 8700 games units Selling price per unit = $ 69 Variable expenses = $ 49 Fixed expenses = $ 87000
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- a company has net sales of 814100 and cost of goods sold of 588100 its net income is 32410 the company’s gross margin and operating expenses respectivelya companys net sal were 742300 its cost of goods sold was 246440 and its net income was 70650 its gross margin ratio equals 9.5 28.7 33.2 68.8 3012%Calculate the sales from the given information Cost of goods sold is $38,000 Net income is $14,625 Depreciation is $5000 Tax rate is 35% A. $35,500 B. $51,619 C. $69,000 D. $64,000
- A company has sales of $763,000 and cost of goods sold of $306,000 it's gross profit equals what? A. (457,000) B. 763,000 C. 306,000 D. 457,000 E. 1069,000a company has sales of 763000 and cost of goods sold of 306,000 its gross profit equals (457,000) 763,000 306,000 457,000 1069,000A company's net sales are $817,990, its costs of goods sold are $449,895, and its profit is $112,475. Its gross profit margin ratio equals: Multiple Choice 45.0%. 55.0%. 13.75%. 31.25% 25.0%.
- A company has $550,000 in net sales and $193,000 in gross profit. This means its cost of goods sold equals a. $743,000. c. $357,000. e. $(193,000). b. $550,000. d. $193,000.the gross profit ( 3250 000 )$ , and the sales value ( 9550 000 )$ . Total cost ? * .a- ( 6300 000 )$ . b-( - 6300 000 )$ c-(530 000 )$.What amount should be reported as cost of goods sold for the current year? a. 9,950,000 b. 9,550,000 c. 9,250,000 d. 9,150,000
- Net margin is 30% of the gross sales of 150,000. With Cost of Goods Sold amounting to 50,000, what percentage of total sales are expenses other than cost of sales?A. B.C.D.For each of the following, determine the missing amounts. SalesRevenue Cost ofGoods Sold GrossProfit OperatingExpenses NetIncome $100,000 $ $ $30,000 $12,000 $ $135,000 $125,000 $ $80,000Use the following information (in thousands):a. ¥126,000 d. ¥63,000Answer:1Sales revenue¥300,000 Gain on sale of equipment90,000 Cost of goods sold164,000 Interest expense16,000 Selling & administrative expenses30,000 Income tax rate30%Determine the amount of net income.