Last answered:

28 Apr 2023

Posted on:

17 Apr 2023

0

You calculated the gross profit margin wrong !

Supposedly (NetSales - cogs) / NetSales


but you put addition instead of subtraction

NetSales + cogs) / NetSales

1 answers ( 0 marked as helpful)
Instructor
Posted on:

28 Apr 2023

1

Hi Aina, 

thanks for reaching out! In the data, the cogs are written as negative numbers, that's why adding them works. 


Best, 

365 Eli

Submit an answer