Ratio analysisthe following information pertains to cobb, Ask an Expert

Accounting

RATIO ANALYSIS

The following information pertains to Cobb Corporation's financial results for the past year.

Net sales	$100,000
CGS	35,000
Other expenses	12,000
Net income	53,000

Required:

1. Calculate Cobb's gross profit ratio.

2. Calculate Cobb's net profit margin ratio.

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91611971

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