begin {aligned}&\text {Gross profit}=\text {Net sales}-\text {CoGS}\\&\textbf {where:}\\&\text {Net sales}=\text {Equivalent to revenue, or the}\\&\text {total amount of money generated from sales}\\&\text {for the … See more WebSwedish Fitness Trading Ab is a company that operates in the Health, Wellness and Fitness industry. It employs 11-20 people and has $5M-$10M of revenue. The company is headquartered in Stockholm, Stockholm, Sweden. Read More Contact Who is Swedish Fitness Trading Headquarters 14 Hammarby Kaj, Stockholm, Stockholm, 120 30, …
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WebSep 9, 2024 · Compute the gross profit ratio (GP ratio) of the company. Gross sales: $1,000,000 Sales returns: $90,000 Cost of goods sold: $675,000 Solution: With the help of above information, we can compute the gross profit ratio as follows: = (235,000 * / 910,000 **) = 0.2582 or 25.82% * Gross profit = Net sales – Cost of goods sold = $910,000 – … WebAIGHT BET you gonna subscribe? bose cc2d
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