document.write( "Question 154184: Ziehart Pharmaceuticals reported net sales of $178,000 and cost of goods sold of $58,000. Candy Electronics Corp. reported net sales of $36,000 and cost of goods sold of $26,200. Calculate the gross profit percentage for both companies. From these calculations, can you determine which company is more successful? Explain. \n" ); document.write( "

Algebra.Com's Answer #113779 by jojo14344(1513) $\"\"$ $\"About$

You can put this solution on YOUR website!
$\"%28%28sales-cost%29%2Fcost%29%2A100percent\"$ --------------> working eqn
\n" ); document.write( "Profit of Ziehart Pharm:
\n" ); document.write( " $\"%28%28178000-58000%29%2F58000%29%2A100\"$
\n" ); document.write( " $\"%28120000%2F58000%29%2A100\"$
\n" ); document.write( " $\"2.07%2A100\"$
\n" ); document.write( "207% ---------------------------> gross profit Ziehart Pharm.
\n" ); document.write( "Profit of Candy Electronics:
\n" ); document.write( " $\"%28%2826200-36000%29%2F26200%29%2A100\"$
\n" ); document.write( " $\"%289800%2F26200%29%2A100\"$
\n" ); document.write( " $\"0.374%2A100\"$
\n" ); document.write( "37.4% -------------------------> gros profit Candy Electr.
\n" ); document.write( "thank you,
\n" ); document.write( "Jojo \n" ); document.write( "

\n" );