Sandwich art earned net sales revenue of $ 62,000,000 in 2018. cost of goods sold was $ 40,920,000, and net income reached $ 7,000,000, the company's highest ever. compute the company's gross profit percentage for 2018.

The company's gross profit percentage for 2018 was 34%

Explanation:

The gross profit percentage measures how efficiently a company uses its materials and labor to produce and sell products profitably. The gross profit percentage is calculated by the following formula:

Gross Profit percentage =  (Gross profit/Net Sales )x100%

In there:

Gross profit = Net Sales − Cost of Goods Sold

Sandwich Art earned net sales revenue of $ 62,000,000 in 2018. Cost of goods sold was $ 40,920,000.

Gross profit = $62,000,000 - $40,920,000 = $21,080,000

Gross Profit percentage = ($21,080,000/$62,000,000)x100% = 34%

answer: d. characteristics of guests

explanation: it is directly related to the spending characteristics of attendees who fall into each of these categories:

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.