Jones & Smith Company had:
$\begin{array}{ll}
\text { Net sales } & 800000 \
\text { Gross profit } & 240000 \
\text { Operating profit } & 190000 \
\text { Net income } & 125000
\end{array}$
a. Jones & Smith Company's gross profit percentage is:
b. Jones & Smith Company's profit margin is:

Question

Jones & Smith Company had:
 $\begin{array}{ll}
\text { Net sales } & 800000 \
\text { Gross profit } & 240000 \
\text { Operating profit } & 190000 \
\text { Net income } & 125000
\end{array}$
 a. Jones & Smith Company's gross profit percentage is:
b. Jones & Smith Company's profit margin is:

Quizplus · Accepted Answer

The Answer of Jones & Smith Company had:
 $\begin{array}{ll}
\text { Net sales } & 800000 \
\text { Gross profit } & 240000 \
\text { Operating profit } & 190000 \
\text { Net income } & 125000
\end{array}$
 a. Jones & Smith Company's gross profit percentage is:
b. Jones & Smith Company's profit margin is:

Jones & Smith Company Had A Jones & Smith Company's Gross Profit Percentage Is: B

Jones & Smith Company Had A Jones & Smith Company's Gross Profit Percentage Is:
B