Sales revenue $470,800.00 Cost of goods sold 217,766.40 Gross margin $253,033.60 Less: Selling expenses 86,199.20 Administrative expenses

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Sales revenue	$470,800.00
Cost of goods sold	217,766.40
Gross margin	$253,033.60
Less:
Selling expenses	86,199.20
Administrative expenses	74,942.80
Operating income	$91,891.60

What was the sales revenue percent?

Related Book For answer-question

Horngrens Financial and Managerial Accounting

ISBN: 978-0133866292

5th edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Posted Date: Apr 16, 2024 06:31 AM

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Sales revenue $470,800.00 Cost of goods sold 217,766.40 Gross margin $253,033.60 Less: Selling expenses 86,199.20 Administrative expenses

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To calculate the sales revenue percentage we need to divide the gross margin by the total sa... View the full answer

Horngrens Financial and Managerial Accounting

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