Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. financial information is presented below: oper

Financial information is presented below: Operating expenses $ 36000...

90.2K

Verified Solution

Question

Accounting

Financial information is presented below:

Operating expenses $ 36000
Sales revenue 181000
Cost of goods sold 125000

The profit margin would be

0.69.

0.11.

0.89.

0.31.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

After winning some money at a casino, Tony is considering purchasing an annuity that promises to...

Finance
Q

Fetal Pig Arteries of lower trunk -WHAT ARE THE STRUCTURES THAT THE RENAL ARTERIES ARE SUPPLYING BLOOD TO? -ARE...

Medical Sciences
Q

How does contaminated water affect the kidney?  discuss the following, if applicable: how structures may change (think organ...

Medical Sciences
Q

1. Marijuana has been legalized in several states. Some people believe this has resulted in an...

Psychology
Q

Describe Ebbinghaus' research in your own words

Psychology
Q

A centrifugal pump with an impeller diameter of 30cm and speed 1800RPM operating at its best...

Mechanical Engineering
Q

Required information NOTE This is a multi part question Once an answer is submitted you...

Basic Math
Q

Explain the factors to consider when planning to exit strategy in small business:...

Accounting
Q

HI, I NEED HELP WITH THIS BOTH WAY DIRECT AND INDIRECT. THANKS Part...

Accounting
Q

Please do it by type not pics. 1.Calculate the balance of the premium account at...

Accounting
Q

Exercise 2-24 (Algo) Computing net income LO P1 A company had the following assets and...

Accounting
Q

If you purchase a car for $21,799.00 and make a $4,500 down payment, how much...

Finance