LiliGrey8710 LiliGrey8710
  • 07-11-2018
  • Physics
contestada

Your gross margin is 60%, your operating expenses are: staffing 35%, rent 10%, miscellaneous 5%. Are you making a profit?

Respuesta :

ArnimZola ArnimZola
  • 19-11-2018

Out of the 100% selling price, the margin is 60%. Now, you need to pay fro the expenses with your margin.

Staffing = 35%

Remaining money = 60% - 35%

Remaining money = 25%

Now, 10% goes to rent

Remaining money after paying rent = 25% - 10% = 15 %

Now, 5% goes to miscellaneous expenses

Hence, the remaining money after paying all the expenses = 15% - 5%

Profit = 10%

Hence, you are making a profit of 10%.

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kd95028414 kd95028414
  • 04-02-2021

Answer:

a. yes

Explanation:

Ver imagen kd95028414
Answer Link

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