Question 2Lou's Tavern recorded $60,000 in sales revenue and a cost of goods sold of $45,000 on their income statement this month. What is their Gross Profit Margin? (enter your answer as a decimal and round to the nearest hundredth, example x.xx)

If sales revenue is $600,000 and cost of sales is $450,000, the gross profit margin is:33%25%67%75%

Multiple Choice QuestionDuring the period, a company reports Sales of $48,000, Cost of Goods Sold of $28,000, and Income of $2,500. Profit margin is:Multiple choice question.12.5%8.9%5.2%

Cooper Ltd has recorded sales of $400,000 and sales returns of $20,000. Their cost of sales is $250,000. What is their gross profit rate (expressed as a percentage)? Input your answer using whole numbers only, no dollar signs ($), commas (,) or full stops (.) percentages (%) or negative numbers (-) or spaces. Round to whole numbers if necessary. E.g. is the answer is 64.7% then input 65

A company has total sales of Rs. 2,000,000, cost of goods sold of Rs. 1,200,000, operating expenses of Rs. 500,000 and interest expenses of Rs. 100,000. What is the company’s operating profit margin?20%15%10%25%

Given the information below, what is the gross profit? Sales revenue $ 345,000Accounts receivable 53,000Ending inventory 113,000Cost of goods sold 239,000Sales returns 23,000Multiple Choice$86,000$83,000$209,000$106,000