Candy company had sales of $320,000 and cost of goods sold of $112,000. what is the gross profit margin (ratio of gross profit to sales)? 55% 65% 73.3% 35%\

The gross profit margin of Candy Company is 65% (second option)

Explanation:

The gross profit margin is defined as:

Mg = (sales - costs) / price of sales  

If for Candy Company the cost are $112,000 and sales $320,000 then the gross profit margin is:

Mg = ($320,000- $112,000) * 100% / $320,000  =  

Mg = $208,000 * 100% / $320,000  =  0.65 * 100%

Mg  =  0.65 * 100%  

Mg  =  65%  

answer about 4-5 percent of the labor force is unemployed;

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best of luck,

the divergent