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Re: Hugodrax post# 24294

Wednesday, 05/13/2015 2:08:31 PM

Wednesday, May 13, 2015 2:08:31 PM

Post# of 48153
"That is inaccurate. It was 27.8% ($6,362 / $22,896) "

Nope, your figures are wrong.

From report: "Gross margin for the third quarter of fiscal 2014 was 32.5%"
"Net revenue for the third quarter of fiscal 2014 was $20.2 million"
Gross Profit was $6,572.

(6,572 / 20,200 = 32.5%



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