question 13\nif revenue is $450, cogs is $75, and operating expenses are $100 then what is the net profit?\n…

question 13\nif revenue is $450, cogs is $75, and operating expenses are $100 then what is the net profit?\n a. $275\n b. $225\n c. $375\n d. $325\nquestion 14\nif revenue is $1200, cogs is $265, and operating expenses are $145 then what is the net profit?\n a. $720\n b. $790\n c. $880\n d. $935\nquestion 15\nif the profit is $250 and the revenue is $400 then what is the profit margin?\n a. 1.6%\n b. 16%\n c..0625%\n d. 62.5%\nquestion 16\nif the gross profit is $100 and the revenue is $500 then what is the profit margin?\n a. 100%\n b. 45%\n c. 2%\n d. 20%
Answer
Explanation:
Step1: Calculate gross profit
$450 - 75 = 375$
Step2: Subtract operating expenses
$375 - 100 = 275$
Answer:
a. $275
Explanation:
Step1: Calculate gross profit
$1200 - 265 = 935$
Step2: Subtract operating expenses
$935 - 145 = 790$
Answer:
b. $790
Explanation:
Step1: Calculate profit margin ratio
$\frac{250}{400} = 0.625$
Step2: Convert to percentage
$0.625 \times 100 = 62.5%$
Answer:
d. 62.5%
Explanation:
Step1: Calculate profit margin ratio
$\frac{100}{500} = 0.2$
Step2: Convert to percentage
$0.2 \times 100 = 20%$
Answer:
d. 20%