Express answers as a percent rounded to the nearest tenth

label Mathematics
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The Garden Shop had a cost of goods sold of $108,000, operating expenses of $49,000, and net sales of $272,000. Find the cost of goods sold percent of net sales and operating expenses percent of net sales.

Jul 10th, 2015

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cost  of goods sold = 108000

Net sales = 272000

cost of goods sold % of net sales = 108400/272000 *100 = 39.70 %

operating expense % of net sales = 49000/272000 *100 = 18.01 %

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Jul 10th, 2015

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