MINI-CASE The Operating Income of Carbon Footwear Is $10 Million.Its Net

question 50

Multiple Choice

MINI-CASE
The operating income of Carbon Footwear is $10 million.Its net marketing contribution is derived from sales of $80 million and the marketing and sales expenses amount to $15 million.The general and administrative expenses and other operating expenses amount to $20 million.
-Mini-Case Question.Calculate the percent gross profit generated by Carbon Footwear.

• A)52.50%
• B)54%
• C)55.75%
• D)56.25%
• E)60%

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