CFA Practice Question

There are 534 practice questions for this study session.

CFA Practice Question

Starr Co. had 2014 sales of $210. Sales for 2015 increase by 15% and the cost of goods sold remains 65% of sales. Starr Co.'s 2015 income statement will show a gross profit of ______.
A. $84.52
B. $144.90
C. $241.50

User Contributed Comments 1

User Comment
myanmar 210*1.15=241.50*0.35=84.525
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