Using the data below, compute dino’s gross profit percentage for the month of january. net sales $13,000 cost of goods sold 5,000 operating expenses 3,500 other income 1,000 income tax expense 1,700

61.54%

Explanation:

Given that,

Net Sales = $13,000

Cost of goods sold = 5,000

Operating expenses = 3,500

Other income = 1,000

Income tax expense = 1,700

Gross profit percentage:

= [(Sales - cost of goods sold) ÷ Sales] × 100

= [($13,000 - $5,000) ÷ $13,000] × 100

= ($8,000 ÷ $13,000) × 100

= 0.6154 × 100

= 61.54%

Therefore, Dino’s gross profit percentage for the month of January is 61.54%.

answer; how many employees will be needed for jobs in the coming period;