Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. if you have 29m in annual sales, a 35% gross margi

If you have 29M in annual sales, a 35% gross margin, and a 10% operating...

50.1K

Verified Solution

Question

Accounting

If you have 29M in annual sales, a 35% gross margin, and a 10% operating profit. What is your net income?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

Why are these materials typically used ?? Please answer for both materials please. 1.Reagent kit for Probe...

Physics
1.2K views

Two converging lenses with focal lengths of 40 cm and 20 cm are 10 cm apart....

Basic Math
1.2K views

Question 55 When you dive below the surface of the water the pressure increases You...

Calculus
1.2K views

Try it Evaluate the step function for the given input vale 4 3 x 1...

Accounting
1.2K views

Polaski Company manufactures and sells a single product called a Ret. Operating at capacity, the...

Accounting
1.2K views

The following information is for the Jeffries Corporation: Product A: Revenue $ 15.00 Variable Cost...

Accounting
1.2K views

Patti Jones plans to withhold $48 from her monthly paycheck and have it deposited in...

Accounting
1.2K views

WHAT IS PART C ??? PLEASE HELP ME Problem 8-17 Calculation of Gain...

Accounting
1.2K views

On January 1, 2022, Pina Colada Company purchased the following two machines for use in...

Accounting
1.2K views

Accounting 2 Multiple Choice Kent Manufacturing produces a product that...

Accounting
1.2K views

Sales-Related Transactions Using Perpetual Inventory System The following selected transactions were completed by Amsterdam Supply...

Finance
1.2K views

as 10 worst of 0.75 is de hotels Com oth...