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Author Question: Jamie's Natural Foods had net sales of 329,500 and the cost of goods sold were 192,400. Operating ... (Read 107 times)

SAVANNAHHOOPER23

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on: Jun 24, 2018
Jamie's Natural Foods had net sales of 329,500 and the cost of goods sold were 192,400. Operating expenses were 89,672 and owner's equity is 328,775. Calculate the net profit margin. (Round to the nearest tenth)
 A) 20.4
  B) 14.4
  C) 26.8
  D) 22.8

Question 2

Solve for the base, rounding answer to hundredths, or the nearest cent if necessary. What is the base if the rate is 125.3 and the portion is 362?


welcom1000

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Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

288.91


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