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%

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)

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%.

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%

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

Multiple Choice QuestionOne worker can produce 7 units of output with a selling price of $2.60 each. Even though the firm competes in an imperfect market, business is so good that the manager hires a second worker who produces 6 units. To sell these six additional units the firm must lower the price to $2.40 each. Calculate the total revenue for the firm with two workers.Multiple choice question.$32.60$32.50$31.20$33.80