1) The owner of Buckey's Bait Shop wants to know the percentage of revenue spent on office supplies. They have $308.16 in supplies expense and earned $2568.00 in total sales, so the expense ratio is %. Enter your answer as a whole number. Do not include the % or decimal point in your answer.

2)Sharkey's Car Wash has earned $5321.77 in total revenue. Its expenses include $1200.00 for rent, $859.90 for supplies, and $1950.00 for insurance, so its net income is $. Do not include the $ or comma in your answer.

Answer rating: 100% (QA)

1 1 The expense ratio is Formula supplie... View the full answer