Question

This Question: 10 pts 2 of 3 (2 complete The adjusted trial balance for Dad's Deli, Inc., as of June 30, 2018, is presented next: (Click the icon to view the adjusted trial balance) Read the requirements Dad's Deli, Inc. Income Statement For the Month Ended June 30, 2018 Sales revenue 225000 Cost of goods sold Gross profit 123750 Operating expenses Seling expense General expense Operating income (loss) Other revenues and expenses): Interest expense 82220 Net Income (los) Requirement 2. Calculate the gross profit percentage for June for Dad's Dell, Inc. Start by determining the formula then complete the calculation to determine gross prott percentage for the month inter your an - Gross proftpercentage Gross profit i Sales revenue 225000 - 123750 Requirement 3. What does Dad's Dell, Inc.'s gross profit percentage mean? Enter the amount to one decima pon xx) portes Dad's Dell, Inc.'s gross margin percentage means that each dollaro that is used to cover Choose from any list or enter any number in the input fields and then continue to the next question ов е а 9 Type here to search .

can u help with the last problem?

Answer 1

3. Dad’s Deli, Inc.’s gross margin percentage means that each dollar of sales revenue generates 55 cents of gross profit that is used to cover expenses and to generate net income.

Kindly select the nearest in meaning from the drop-downs since the same have not been provided with the question.