Fashion Merchandising Financial Results Quiz 2

What is the formula for calculating profit margin?

• (Net Profit / Revenue) * 100

• (Net Profit - Revenue) * 100

• (Net Profit + Revenue) / 100

• (Net Profit / Revenue) * 1000

Tags

CCSS.7.RP.A.3

If the cost of goods sold is $5000 and the selling price is $8000, what is the gross profit?

• $3000

• $2000

• $5000

• $1000

Tags

CCSS.6.RP.A.3B

What is the formula for calculating net profit?

• Total revenue x Total expenses

• Total revenue + Total expenses

• Total revenue / Total expenses

• Total revenue - Total expenses

Tags

CCSS.7.RP.A.3

If the revenue is $10000 and the expenses are $6000, what is the net profit?

• $4000

• $2000

• $1000

• $3000

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CCSS.7.EE.B.3

What is the formula for calculating return on investment (ROI)?

• Net Profit / Initial Investment

• Net Profit / Total Assets

• Net Profit / Revenue

• Net Profit / Total Liabilities

Tags

CCSS.7.RP.A.3

If the initial investment is $5000 and the final value is $7000, what is the ROI?

• 40%

• 60%

• 50%

• 30%

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CCSS.6.RP.A.3C

What is the profit margin if the selling price is $120 and the cost of goods sold is $80?

• 33.33%

• 75%

• 50%

• 25%

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CCSS.6.RP.A.3C

If the revenue is $5000 and the expenses are $3000, what is the gross profit?

• $1000

• $6000

• $2000

• $4000

Tags

CCSS.7.EE.B.3

What is the net profit if the revenue is $8000 and the expenses are $6000?

• 1000

• 3000

• 2000

• 4000

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CCSS.6.NS.C.7C

If the initial investment is $10000 and the final value is $15000, what is the ROI?

• 50%

• 100%

• 75%

• 25%

Tags

CCSS.6.RP.A.3C