Yoda Company's accountant prepared the following income statement for the month of June: Yoda Company Income...
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Yoda Company's accountant prepared the following income statement for the month of June:
Yoda Company
Income Statement
For the Month of JuneSales revenue $10,000,000 Cost of goods sold 3,500,000 Gross margin $6,500,000 Less: Selling expense 800,000 Administrative expense 1,500,000 Operating income $4,200,000 Required:
Round your answers to the nearest whole percent.
A. Calculate the sales revenue percent.
%B. Calculate the cost of goods sold percent.
%C. Calculate the gross margin percent.
%D. Calculate the selling expense percent.
%E. Calculate the administrative expense percent.
%F. Calculate the operating income percent.
%
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Yoda Company's accountant prepared the following income
statement for the month of June:
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