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Kelly Corp.

22.
Kelly Corp.’s Data 2012 2011
Sales $180,000 $200,000
Cost of Goods Sold 80,000 100,000
Net Income 36,000 40,000
Accounts Receivable, December 31 8,000 16,000
Inventory, December 31 40,000 20,000







Suppose that 37.5% of Kelly Corp.'s total sales are cash sales. What is Kelly Corp.’s net profit margin for 2012?

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Accounting-8204061.xls

Question: Kelly Corp.’s Data
2012 2011
Sales $180,000 $200,000
Cost of Goods Sold 80,000 100,000
Net Income 36,000 40,000
Accounts Receivable,
December 31 8,000 16,000
Inventory,
December 31...

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