Net sales for the year were $325,000 and cost of goods sold was $240,500 for the company’s existing products. A new product is presently under development and has an expected selling price of $40 per unit in order to remain competitive with similar products in the marketplace. The dollar amount of gross profit and the gross profit ratio for the year were:

Gross profit  =  84,500.00

Gross profit ratio == 26%

Explanation:

Gross  profit is sales less cost of goods sold. And the gross profit margin the percentage of sales made as gross profit.

Gross profit = sales - cost of goods sold

                  =  325,000- 240,500

                 =  84,500.00

Gross profit ratio = Gross profit/sales × 100

                              = 84,500/325,000× 100

                              = 26%

Gross profit  =  84,500.00

Gross profit ratio == 26%

the page presents four different kinds of threats that volcanoes pose and what to do before, during, and after an eruption.

the most important factor in the

work process or industry is to retain the interest of the employee. and to

retain them, their salary or profit must be adjusted to the best value. unless

the employee does not do his job properly, employees must receive bonuses or

benefits to ensure them to stay in the company. it will actually make them stay

longer, make them feel important and reduce costs for hiring new employees.

explanation:

mark brainliest!