Search here for Tutorials
If the Data is different in your question, please send your questions to homeworksolutionsnow@gmail.com. The questions will be answered at the same price.

ABC Inc. shows gross sales of $730,600 for couches & $934,900 for recliners. It has determined that couches cost $534,000 & that recliners cost $391,400. The total gross profit of ABC Inc. is $

 
ABC Inc. shows gross sales of $730,600 for couches & $934,900 for recliners. It has determined that couches cost $534,000 & that recliners cost $391,400. The total gross profit of ABC Inc. is $___.
a. 196,000
b. 543,000
c. 740,100

2. Using Question 1, what is the gross profit percentage for the furniture dept. of ABC Inc. is ___%.
a. 4.45
b. 26.9
c. 58.1
d. 73.0