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Author Question: Jennifer's Jewels reported Net Sales of $256,000, Cost of Goods Sold of $111,500, Operating Expenses ... (Read 507 times)

dollx

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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%


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Marked as best answer by dollx on Feb 19, 2020

coreycathey

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