Exam (elaborations)

Harvard University - MGMT E-1000 Quiz 6

Name: Harvard University - MGMT E-1000 Quiz 6
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1) Calculate the Profit Margin for Chrissie's Cooking Supply based on its Income Statement. The Profit Margin is calculated by dividing the Net Income by the Revenue. Net Income / Revenue = 11,216 / 152,633 = 7.35% The suggested correct answer formula is: =B19/B52) Calculate the Gross Profit Margin for Chrissie's Cooking Supply based on its Income Statement. The Gross Profit Margin is calculated by dividing Gross Profit by Revenue. Gross Profit / Revenue = Gross Profit Margin 81,477 / 152,633 = 53.38% The suggested correct answer formula is: =B7/B5

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Course: MGMT E-1000

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Uploaded on: July 12, 2021
Number of pages: 13
Written in: 2020/2021
Type: Exam (elaborations)
Contains: Questions & answers

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1 calculate the profit margin for chrissies cooking supply based on its income statement the profit margin is calculated by dividing the net income by the revenue net income revenue 11

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1) Calculate the Profit Margin for Chrissie's Cooking Supply based on its Income
Statement.

The Profit Margin is calculated by dividing the Net Income by the Revenue.

Net Income / Revenue = 11,,633 = 7.35%

The suggested correct answer formula is:

=B19/B5

, 2) Calculate the Gross Profit Margin for Chrissie's Cooking Supply based on its
Income Statement.

The Gross Profit Margin is calculated by dividing Gross Profit by Revenue.

Gross Profit / Revenue = Gross Profit Margin

81,,633 = 53.38%

The suggested correct answer formula is:

=B7/B5

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Harvard University - MGMT E-1000 Quiz 6

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