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Author Question: Panhead's Bike Shop had net sales of 382,500 and the cost of goods sold were 172,300. Operating ... (Read 608 times)

nevelica

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on: Jun 24, 2018
Panhead's Bike Shop had net sales of 382,500 and the cost of goods sold were 172,300. Operating expenses were 107,645 and owner's equity is 437,645. Calculate the net profit margin. (Round to the nearest tenth)
 A) 40.4
  B) 34.8
  C) 26.8
  D) 22.8

Question 2

Convert the decimal to a percent: 2.8


essyface1

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

C

Answer to Question 2

280


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