Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. landau mechanics inc, had a gross sales of 543.370

landau mechanics inc, had a gross sales of 543.370, sales returns and allowances of 5370,...

50.1K

Verified Solution

Question

Accounting

landau mechanics inc, had a gross sales of 543.370, sales returns and allowances of 5370, and net income of 28,640 last year. what was the company's net profit margin to the nearest whole percentage

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The energy of ground electronic state of hydrogen atom is 13 6 eV The energy...

Physics
Q

my question is about 3.2.13 which is A loan of amount L is to be repaid...

Statistics
Q

caffeine the freezing point of a solution prepared by dissolving 150 x 10^-3 g of caffeine...

Chemistry
Q

Mary, the director of nursing at a regional blood bank, is concerned about the declining number...

Medical Sciences
Q

19 A string of length 0 4 m and mass 102 kg is tightly clamped...

Physics
Q

Shelly has $200,000 of QBI from her local jewelry store (a sole proprietorship). Shelly's proprietorship...

Accounting
Q

Commenced business with cash RM200,000, land RM50,000, and equipment RM35,000. Purchased...

Accounting
Q

7. The bank's balance sheet The following table shows the balance sheet for Main Street...

Accounting
Q

Make or Buy Tex's Manufacturing Company can make 100 units of a necessary component...

Accounting
Q

Calculator The total factory overhead for Big Light Company is budgeted for the year at...

Accounting
Q

Analyze a publicly traded U.S. commercial banking company (Wells Fargo) Bank Strategy Analysis: What...

Finance
Q

Gsbbe indistries is a division of a major corporation. Last year the division had total...

Accounting