A company had sales of $500,000, cost of goods sold of $300,000, and operating expenses of $100,000. What is the company’s gross profit margin?

A) 60%
B) 40%
C) 20%
D) 50% Dont used

Question

12-07-2024
Business

Answered

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A company had sales of $500,000, cost of goods sold of $300,000, and operating expenses of $100,000. What is the company’s gross profit margin?

A) 60%
B) 40%
C) 20%
D) 50% Dont used

Sagot :

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