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If sales is 75000 and profit margin is 0.2 is the profit and cost of goods sold?
Wiki User
∙ 15y ago
To be honest, the question is not very clear. However if you are asking what the profit is, in case the profit margin is 0.2% then the answer is 150 (75000*0.2/100.2). The logic is as follows ---> 75000 is inclusive of the profit element. That is if 100 was the cost, 0.2 is added to it to get 100.2. Therefore we have to find 0.2 75000------100.2 x ------ 0.2 If you cross multiply, you get 75000*0.2 = 100.2*x On solving the above, you get your answer. Cost of goods sold is Sales - profit. That is 75000 - 150 = 74850
Wiki User
∙ 15y ago
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How do you calculate gross profit margin using cogs and sales?
Gross Profit = Sales - Cost of goods sold Gross profit margin = gross profit / Sales
How do you calculate the Gross Profit Margin?
The Gross Profit Margin is an expression of the Gross Profit as a percentage of Revenue. Gross Profit Margin = Gross Profit/Revenue*100 [or] Gross Profit Margin = Revenue - (Cost of Sales)/Revenue*100 Cost of sales=it include all those expenses and income that will occur during manaufacturing and sales of goods and services
How do you calculate net sales when gross margin is known?
Gross margin (also known as gross profit) is the difference between Net sales and Cost of goods sold: Net sales - Cost of goods sold = Gross margin Therefore, if you know Gross margin, add it to Cost of goods sold to get Net sales.
What is the difference between gross margin and profit margin?
Gross Margin = (Gross Profit/Sales)*100 Gross Profit = Sales - Cost of Sales Or in words, the Gross Margin is an expression of the Gross Profit as a percentage of Sales, where the Gross Profit is Sales minus the Cost of Sales.
On the income statement net sales minus cost of goods sold equals?
=Profit Margin, but the question to you what if COGS=Sales what this means? or in other words what does it mean having Profit Margin=0?
How do you calculate gross profit margin using cogs and sales?
Gross Profit = Sales - Cost of goods sold Gross profit margin = gross profit / Sales
What is margin of profit?
Gross profit or gross margin is equal to:Sales less: Costs of Goods SoldIt can be expressed as a numerical value or as a percentage of sales [(Sales-COS)/Sales].
Candy Company had sales of 240000 and cost of goods sold of 108000 What is the gross profit margin?
Gross profit = sales - cost of good sold Gross profit margin = gross profit / sales *100 Gross profit = 240000- 108000 = 132000 Gross profit margin = 132000/240000 *100 Gross profit margin = 55%
How do you calculate the Gross Profit Margin?
The Gross Profit Margin is an expression of the Gross Profit as a percentage of Revenue. Gross Profit Margin = Gross Profit/Revenue*100 [or] Gross Profit Margin = Revenue - (Cost of Sales)/Revenue*100 Cost of sales=it include all those expenses and income that will occur during manaufacturing and sales of goods and services
How do you calculate net sales when gross margin is known?
Gross margin (also known as gross profit) is the difference between Net sales and Cost of goods sold: Net sales - Cost of goods sold = Gross margin Therefore, if you know Gross margin, add it to Cost of goods sold to get Net sales.
What is the difference between gross margin and profit margin?
Gross Margin = (Gross Profit/Sales)*100 Gross Profit = Sales - Cost of Sales Or in words, the Gross Margin is an expression of the Gross Profit as a percentage of Sales, where the Gross Profit is Sales minus the Cost of Sales.
On the income statement net sales minus cost of goods sold equals?
=Profit Margin, but the question to you what if COGS=Sales what this means? or in other words what does it mean having Profit Margin=0?
What is the difference between operating profit and profit margin?
Gross Margin = (Gross Profit/Sales)*100 Gross Profit = Sales - Cost of Sales Or in words, the Gross Margin is an expression of the Gross Profit as a percentage of Sales, where the Gross Profit is Sales minus the Cost of Sales.
Sales revenue less cost of goods sold is called?
Gross profit or gross margin.
What is the difference between gross margin and gross profit?
Gross Margin = (Gross Profit/Sales)*100 Gross Profit = Sales - Cost of Sales Or in words, the Gross Margin is an expression of the Gross Profit as a percentage of Sales, where the Gross Profit is Sales minus the Cost of Sales.
How do you calculate sales revenue knowing margin and cost of goods?
IF cost of goods is available and margin is also provided then sales can be calculated as follows: Sales = Cost of goods / margin of sales
What is the profit margin if the asset turnover ratio is 3 time and the return on asset is .1?
Return on Assets = Profit Margin on Sales x Asset Turnover .1 = Profit Margin on Sales x 3 .033 = Profit Margin on Sales
