using the following data from a company's income statement forthe fiscal year 2019 what is...

using the following data from a company's income statement for the fiscal year 2019 what is the gross margin?

Revenues: $800 million
Gross profit: $300 million
Operating income: $200 million
Net income: $80 million

Expert Solution

Revenues= $800 million

Gross profit=$300 million

Gross Profit Margin = Gross Profit / Revenue x 100

= (300/800) *100

= 37.50%

Hence gross margin is 37.50%

jeff jeffy answered 2 years ago

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using the following data from a company's income statement forthe fiscal year 2019 what is...

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