Author Question: Jamie's Natural Foods had net sales of 329,500 and the cost of goods sold were 192,400. Operating ... (Read 135 times)

SAVANNAHHOOPER23

  • Hero Member
  • *****
  • Posts: 542
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

  • Sr. Member
  • ****
  • Posts: 298
Answer to Question 1

B

Answer to Question 2

288.91



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

For a complete list of videos, visit our video library