Gross Profit for March Was Three-Fifths of Net Sales, and Net

Question

Examlex · Accepted Answer

The Answer is a) Net income = a) Net income = of gross profit G = 14200 = $49700 b) Gross profit = of net sales N = 49700 = $82833.33

of gross profit a) Net income = of gross profit G = 14200 = $49700 b) Gross profit = of net sales N = 49700 = $82833.33

G = 14200

= $49700

b) Gross profit = a) Net income = of gross profit G = 14200 = $49700 b) Gross profit = of net sales N = 49700 = $82833.33

of net sales a) Net income = of gross profit G = 14200 = $49700 b) Gross profit = of net sales N = 49700 = $82833.33

N = 49700

= $82833.33
a) Net income = of gross profit G = 14200 = $49700 b) Gross profit = of net sales N = 49700 = $82833.33

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