MGMT E 1000
Harvard University
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Harvard University - MGMT E-1000 Quiz 6
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5.0(3)5.0913July 20212020/2021A+
- 1) Calculate the Profit Margin for Chrissie's Cooking Supply based on its Income 
Statement. 
The Profit Margin is calculated by dividing the Net Income by the Revenue. 
Net Income / Revenue = 11,216 / 152,633 = 7.35% 
The suggested correct answer formula is: 
=B19/B52) Calculate the Gross Profit Margin for Chrissie's Cooking Supply based on its 
Income Statement. 
The Gross Profit Margin is calculated by dividing Gross Profit by Revenue. 
Gross Profit / Revenue = Gross Profit Margin 
81,477 /...
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