subject
Business, 23.09.2019 22:20 jayyy1002

Lemony company made sales of $ 32 comma 200 million during 2018. cost of goods sold for the year totaled $ 12 comma 880 million. at the end of 2017, lemony's inventory stood at $ 1 comma 200 million, and lemony ended 2018 with inventory of $ 1 comma 600 million. compute lemony's gross profit percentage and rate of inventory turnover for 2018. begin by computing lemony's gross profit percentage for 2018. (round your answer to the nearest tenth of a percent, x. x%.) lemony's gross profit percentage for 2018 is %.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 19:30
How does knowing about supply and demand
Answers: 1
question
Business, 22.06.2019 20:50
Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.
Answers: 2
question
Business, 23.06.2019 00:00
Which example would the government consider as intellectual property? a. product design that contains a hologram of the logo of the company b. a copy of a famous artist’s painting in a new medium c. a plant species discovered in the united states for the first time d. a method of production that is common to an entire industry e. a discount structure offered to the customer at a store
Answers: 3
question
Business, 23.06.2019 05:30
What is a potential negative effect of an expansionary policy? decreased borrowing increased interest rates increased inflation decreased available credit
Answers: 1
You know the right answer?
Lemony company made sales of $ 32 comma 200 million during 2018. cost of goods sold for the year tot...
Questions
question
Mathematics, 01.03.2021 20:50
question
Mathematics, 01.03.2021 20:50