Question

Define Sales Revenue

Define Cost of Goods Sold

Define Gross Profit

What is the Formula for Gross Profit Margin. Explain what this % tells you.

Calculate the Cost of Goods Sold for Product A *i will post the picture*

Calculate the Sales Revenue for Product B

Calculate the Gross Profit for Product C

Calculate the Gross Profit Margin for Product D

List up to four items that would be likely to be included in cost of goods sold for a manufacturer of motor vehicles

List 2 ways in which a business might be able to improve its Gross Profit

How did you feel about this assignment? Are you comfortable with it?

Answer 1

this image is for several questions

Answer 2

i know the definitions, it's the other stuff i'm lost on