Question:

Aileen Uzin runs a retail store. Her net sales for the year

Last updated: 8/13/2022

Aileen Uzin runs a retail store. Her net sales for the year

Aileen Uzin runs a retail store. Her net sales for the year were $162,000. The cost of the merchandise that she sold was $118,500. Her operating expenses were $28,920. Her net income was what percent of the net sales for the year?