Suppose your company sells a 3 pack of lenses that attach to smart phones to improve the quality of pictures people take.  You pay 29.95 for each 3 Pack and sell them for 59.95.  What is hyour Cost of Goods Sold Perrcentage for htis item? Suppose you sell 8,000 of the 3 pack of lenses described in question 3 above in one year.  Your cost on each 3 pack is 29.95 and you sell them for 59.95.  If your operating expenses for the year total 144,080, what are your net income and net profit margin percentage?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Suppose your company sells a 3 pack of lenses that attach to smart phones to improve the quality of pictures people take.  You pay 29.95 for each 3 Pack and sell them for 59.95.  What is hyour Cost of Goods Sold Perrcentage for htis item?

Suppose you sell 8,000 of the 3 pack of lenses described in question 3 above in one year.  Your cost on each 3 pack is 29.95 and you sell them for 59.95.  If your operating expenses for the year total 144,080, what are your net income and net profit margin percentage?

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