This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Find the gross margin percent with the following figures: Net sales 450,000 Gross cost of ... (Read 341 times)

JGIBBSON

  • Hero Member
  • *****
  • Posts: 538
on: Sep 11, 2018
Find the gross margin percent with the following figures:
  Net sales 450,000
  Gross cost of merchandise sold 205,000
  Cash discounts 6,125
  Alteration costs 2,075
 
  What will be an ideal response?

Question 2

Find the maintained markup percent with the following figures:
  Net sales 450,000
  Gross cost of merchandise sold 205,000
  Cash discounts 6,125
  Alteration costs 2,075
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cam1229

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Sep 11, 2018
Answer to Question 1

55.34

Answer to Question 2

54.44


JGIBBSON

  • Member
  • Posts: 538
Reply 2 on: Sep 11, 2018
YES! Correct, THANKS for helping me on my review

aruss1303

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

The Increasing Cost of Health Care, 1960–2010 The Increasing Cost of Health Care, 1960–2010
Outcome of myocardial infarction. Forty percent of 1-week survivors have late complications ... Outcome of myocardial infarction. Forty percent of 1-week survivors have late complications ...
How to find the equation of a right bisector How to find the equation of a right bisector
Twelve Votive Figures Twelve Votive Figures
Use the power rule to find derivative Use the power rule to find derivative
Find the magnitude and the direction of the resultant vector of the two vectors below: Find the magnitude and the direction of the resultant vector of the two vectors below:
Video: Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library