Ask Question
5 March, 17:04

Hair world is considering a contract to sell merchandise to a hair salon chain for $19,000. this merchandise will cost hair world $11,920. what would be the increase (or decrease) to hair world's gross profit and gross profit percentage?

+1
Answers (1)
  1. 5 March, 17:31
    0
    Gross profit = $7,080 ($19000-11920) Increase to percent of gross profits - $11,920/19000 = 62.7%. Profits would increase with this contract or transaction by 62.7%
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Hair world is considering a contract to sell merchandise to a hair salon chain for $19,000. this merchandise will cost hair world $11,920. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers