posted by .

A company reported that it made a profit of 8% as a percentage of sales and that its sales revenue was \$25,000. How much profit did the company make?

Right again!

Thanks Ms. Sue and Erin for checking my answers! :)

You're very welcome, Elizabeth.

## Similar Questions

1. ### Economics

P=MR+\$750 TC =2,500,000+500q+0.005Q^2 (squared) Mc =500+0.01Q Calculate profit maximizing level Calculate the company's optimal profit and optimal profit as a percentage of sales revenue Can anyone help here I am lost
2. ### Accounting

Absorption Income versus Contribution Margin Income Absorption Income versus Contribution Margin Income Given the computations for both gross profit on sales and contribution margin, can you give specific benefits to be derived from …

A company's cost of doing business in a recent month was \$18,000. Their revenue on sales for that month was \$27,000. What percent profit as a percentage of sales did the company earn?
4. ### Math

A company's cost of doing business in a recent month was \$18,000. Their revenue on sales for that month was \$27,000. What percent profit as a percentage of sales did the company earn?
5. ### Algebra

A company reported that it made a profit of 8% as a percentage of sales and that its sales revenue was \$25,000. How much profit did the company make?

if the break-even point in dollar sales for a company is \$360,000 and the company's contribution margin ratio is 30% and the company expects a profit of \$84,000, what would the sales have to total?
7. ### Accounting

Peck Company The Peck Company reported the following items on its financial statements for the year ending December 31, 2010. Sales - \$1,560,000 Cost of Sales - \$1,400,000 Selling, general and administrative expense - 40,000 Other …
8. ### Account

Peck Company: The Peck Company reported the following items on its financial statements for the year ending December 31, 2010. Sales - \$1,560,000 Cost of Sales - \$1,400,000 Selling, general & administrative expense - 40,000 Other Expense …
9. ### accountyin question

how does one prepare a pro forma income with different assumptions given the numbers for current year sales revenue 2,000,000 Cost of goods sold 1,400,000 Gross profit 600,000 Selling & admin.expenses 260,000 Net income 340,000 Cost …
10. ### managerial accounting

The break-even point in dollar sales for Rice Company is \$480,000 and the company’s contribution margin ratio is 40 percent. If Rice Company desires a profit of \$84,000, how much would sales have to total?

More Similar Questions