A manufacturing company has the following information for the year ending December 31, 2022: Total revenue: $1,000,000
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Question:
A manufacturing company has the following information for the year ending December 31, 2022:
- Total revenue: $1,000,000
- Total cost of goods sold (COGS): $700,000
- Total operating expenses: $200,000
- Interest expense: $20,000
- Depreciation expense: $30,000
Calculate the following:
- Gross profit
- Operating profit
- Net profit
- Gross profit margin
- Operating profit margin
- Net profit margin
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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