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Social Science Clinic => Accounting => Topic started by: dollx on Feb 19, 2020

Title: Jennifer's Jewels reported Net Sales of $256,000, Cost of Goods Sold of $111,500, Operating Expenses ...
Post by: dollx on Feb 19, 2020

Jennifer's Jewels reported Net Sales of $256,000, Cost of Goods Sold of $111,500, Operating Expenses of $64,400, and Income Tax Expense of $19,600. What is Jennifer's gross profit margin percentage? (Round your final answer to two decimal places, X.XX%.)
◦ 43.55%
◦ 31.29%
◦ 23.63%
◦ 56.45%

Title: Jennifer's Jewels reported Net Sales of $256,000, Cost of Goods Sold of $111,500, Operating Expenses ...
Post by: coreycathey on Feb 19, 2020

56.45%

Title: Re: Jennifer's Jewels reported Net Sales of $256,000, Cost of Goods Sold of $111,500, Operating Expe
Post by: Joseph Dunehew on Dec 17, 2020

Thank you

Title: Re: Jennifer's Jewels reported Net Sales of $256,000, Cost of Goods Sold of $111,500, Operating Expe
Post by: Aldrin GamingAccs on Dec 13, 2021

Thank you

Title: Re: Jennifer's Jewels reported Net Sales of $256,000, Cost of Goods Sold of $111,500, Operating Expe
Post by: 出虞 on Mar 4, 2022

Thank You