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Earn +20 ptsQ: If expenses is 36961.75 and profit margin is 35 percent?
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Continue Learning about Math & Arithmetic
How do you get a retail price if you have the gross profit percent and cost?
Add the profit margin (cost*profit%) to the cost. Add the profit margin (cost*profit%) to the cost. Add the profit margin (cost*profit%) to the cost. Add the profit margin (cost*profit%) to the cost.
If a company's return on equity is 10 percent its profit margin is 5 percent and its asset turnover is 1.57 what is it's equity multiplier?
EQUITY MULTIPLIER=Total Assets / Total Stockholders' Equity
A dealer bought a bicycle for 160 and sold it for 192 what was her percentage profit?
profit/cost=profit margin (192-160)/160= .2 = 20%
What is the formula for converting profit percent to profit?
Profit = (profit percentage / 100) x gross income
What is formula for gain percent?
Profit (gain) % = Profit / C.P. *100
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