Multiple Choice QuestionDuring the period, a company reports Sales of $38,000, Cost of Goods Sold of $20,000, and Income of $1,500. Profit margin is:Multiple choice question.8.3%7.5%3.9%

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%

A company's net sales were $727,700, its cost of goods sold was $244,510 and its net income was $62,450. Its gross margin ratio equals:Multiple Choice8.6%.25.5%.33.6%.66.4%.297.6%.

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)

Multiple Choice QuestionA company has a margin of safety of 20%. If expected sales are $50,000, then break-even sales are:Multiple choice question.$40,000$50,000$10,000$20,000

Which of the following is the correct profit equation? Group of answer choices Total sales − total variable costs Total sales − total fixed costs Total sales − total variable costs − total fixed costs Total sales − total variable costs + total fixed costs None of the answer choices is correct.