QUESTION 7 Using the following information, calculate the monthly net profit Sales for the month Food costs 73,904 25% of Sales Labor costs 45% of Sales Rent and Insurance $1500/month Supplies $2217/month Other expenses $3791/month OA. $51,733 OB. $22,171 OC. $7508 OD. $14,663 QUESTION 8 Calculate the profit margin from the last problem OA. 17.5% OB. 19.84% OD. 22.22% OC. 18.29% Submit to save and submit. Click Save All An
QUESTION 7 Using the following information, calculate the monthly net profit Sales for the month Food costs 73,904 25% of Sales Labor costs 45% of Sales Rent and Insurance $1500/month Supplies $2217/month Other expenses $3791/month OA. $51,733 OB. $22,171 OC. $7508 OD. $14,663 QUESTION 8 Calculate the profit margin from the last problem OA. 17.5% OB. 19.84% OD. 22.22% OC. 18.29% Submit to save and submit. Click Save All An
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter4: Accounting For Retail Operations
Section: Chapter Questions
Problem 4.2MBA: Sales transactions Using transactions listed in P4-2, indicate the effects of each transaction on...
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