Self-Study Questions

1.Assume that Zymurgenics, Inc.[*] had gross revenues of $12,500,000 last year. Various costs for labor, material, operating expenses, etc. totaled $9,750,000. Income taxes amounted to $1,080,200. What was their actual profit for the year? What was their profit margin?

[*] All references to company names are fictitious references. Any similarity of these companies to real companies is purely coincidental.

2.If you are currently employed, what are your company's sources of gross revenue (what kinds of products and services does your company sell)? If you are not currently employed, choose a company (or have one assigned to you) and answer the same question.
3.Does the company in Question 2 have any other sources of gross revenue? ...

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