The following information pertains to Wolfe Company

-The income percentage of revenue is
A) 75 percent.
B) 25 percent.
C) 200 percent.
D) 40 percent.

Question

The following information pertains to Wolfe Company
 
-The income percentage of revenue is
A) 75 percent. 
B) 25 percent. 
C) 200 percent. 
D) 40 percent.

Quizplus · Accepted Answer

The income percentage of revenue is typically calculated as (Income/Revenue) * 100. Without specific figures, the most common percentage for income relative to revenue in many contexts is around 25 percent.

The Following Information Pertains to Wolfe Company