0
Andy company has a gross of 35500 and sales returns of 450 The cost of goods sold is 35 percent of gross sales Gross profit percentsage would be 65 percent 35 percent Based on 35050 Based on 35950?
Wiki User
∙ 10y ago
Question is not clear and some mistakes in figures:
Gross profit based on Sales of 35050 is as follows
35050* 65% = 22782.5
Gross profit based on Sales of 35950 is as follows:
35950*65% = 23367.5
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
What is the term for a percent of the company's profit that is paid to the shareholders?
Dividends
Is 560 percent correct?
560%=5.6=560/100 560 percent might be correct. If a company made £10 profit in 2008 and £9 profit in 2009, the 2009 profit would be 90% of the profit in 2008. If the same company made £9 profit again in 2010, the 2010 profit would be 100% of the profit in 2009 (100% means exactly the same amount). If the same company made £50.40 profit in 2011, the 2011 profit would be 560% of the profit in 2010 because £50.40 is 5.6 times as much as £9.
How do shareholders earn returns from investing in stocks?
they make money by the company that that they have stocks in making a profit over the finanical year
How many percent does Costco membership income makes up for the company's profit?
100%
What does the word profit?
Profit is an excess of returns over outlay.
If the chair of the board of directors says there is a 50 percent chance this company will earn a profit a 30 percent chance it will break even and a 20 percent chance it will lose money next quarter?
The chair of the board of directors says, "There is a 50 percent chance this company will earn a profit, a 30 percent chance it will break even, and a 20 percent chance it will lose money next quarter".
What is profit in a company?
profit in a company this is increase in revenue received by the company. profit in a company this is increase in revenue received by the company.
Can a non profit company also be a profit company?
No, a non-profit company cannot also be a profit company. You can only be one or the other and not both.
What will happen to the cost of additional units of production when a firm starts having deminishing returns?
Any time there is a loss of profit or diminishing profit capacity, the cost of goods will increase. This is to cover the costs of manufacturing and personal profit level the company wishes to make.
How many percent should an industrial partner will take from the company profit?
What type of a percentage an industrial partner will take from the company profit varies greatly depending on the type and size of the partnership. A partner might take up to 50% of the profit or might take less.
What do you mean by maximize profits?
profit maximization is the (short run) process by which a firm determines the price and output level that returns the greatest profit
Is it right that the board of directors of a company taking 30 percent of the company's profit and sharing the other 70 percent with the other shareholders because they are shareholders as well?
They may take as much of the profits as the by laws allow, especially if it is not a shareholder owned company. It's nice that they only take 30% of the profit, presumeably either plowing the 70% back into the company to grow it, or paying it out in dividends.
