Question: please include formula and steps to solve this problem. 4. Suppose your company sells a 3 pack of lenses that attach to smart phones to

please include formula and steps to solve this problem.

4. Suppose your company sells a 3 pack of lenses that attach to smart phones to improve the quality of pictures people take. You pay $29.95 for each 3 pack and sell them for $59.95. What is your Cost of Goods Sold Percentage for this item? 5. Suppose you sell 8.000 of the 3 pack of lenses described in question 3 above in one year. You cost on each 3 pack is $29.95 and you sell them for $59.95. If your operating expenses for the year total \$ %4.080, what are your Net Income and Net Profit Margin Percentage

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