Question

How much was the gross profit margin percentage for Coca-Cola Company for the quarter ending Sep, 2020?

Less than 20%
Between 20% and 30%
Between 30% and 40%
More than 40%

Answer 1

Answer: More than 40%

Step-by-step explanation:

Coca-cola Gross profit for the quarter ending Sep, 2020 is $5,181 million. Coca-cola's revenues for the same period are $8,652 million.

The Gross profit margin is therefore;

= Gross Profit / Revenue

= 5,181/8,652

= 59.9%