Acompany has revenue of $250,000, gross profit of $175,000, and expenses of $55,000. the component percentage for net income is

The component percentage for net income is 48%

Explanation:

For computing the percentage of net income, first, we have to compute the net income which is shown below:

= Gross profit - expenses incurred

= $175,000 - $55,000

= $120,000

The net income is $120,000 and the sales revenue is $250,000, so the net income component percentage would be

= (Net income ÷ Sales revenue) × 100

= ($120,000 ÷$250,000) × 100

= 48%

Hence, the component percentage for net income is 48%

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

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