Sales revenue 400,000 Total Revenue 400,000 Expenditure Cost of goods sold 160,000 Marketing Expense 70,000 Administrative Expense 50,000 Depreciation Expense 20,00 Total Expense 300,000 Income before tax 100,000 Less: Income tax 20,000 Net Income 80,000 What are the firms gross profit margin, operating profit margin, and the net profit?

Sales revenue 400,000 Total Revenue 400,000 Expenditure Cost of goods sold 160,000 Marketing Expense 70,000 Administrative Expense 50,000 Depreciation Expense 20,00 Total Expense 300,000 Income before tax 100,000 Less: Income tax 20,000 Net Income 80,000 What are the firms gross profit margin, operating profit margin, and the net profit?

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter7: Types And Costs Of Financial Capital

Section: Chapter Questions

Problem 2aM

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