Homework Answers
Return on sales equal. Gross profit divided by sales.
The given statement is false.
Return on sales is calculated by dividing net income by sales revenue.
Return on sales = Net income/Net sales
When gross profit is divided by sales, it gives gross profit ratio.
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(T) (F) (1) (F) Return on sales equals gross profit divided by sales Amounts due from customers are called accounts...
(T) (F) (1) (F) Return on sales equals gross profit divided by sales Amounts due from customers are called accounts payable. (T) (F) Retained earnings indicate the amount of cash available for distribution to shareholders The Allowance for Bad Debts account is added to the Accounts Receivable The Allowance for Bad account on the balance sheet. 4. (T) (5)
Return on sales equals gross profit divided by sales Amounts due from customers are called accounts...
Return on sales equals gross profit divided by sales Amounts due from customers are called accounts payable Retained earnings indicate the amount of cash available for shareholders.
Return on investment equals: POSSIBLE ANSWERS: profit x assets - S inventory x sales -- -...
Return on investment equals: POSSIBLE ANSWERS: profit x assets - S inventory x sales -- - sales assets assets + inventory C sales profit x sales -- sales x assets
1. Suppose that f : NR. If lim f(n+1) f(n) = L n-oo prove that lm0 S (n)/n exists and equals L 1. Suppose that...
1. Suppose that f : NR. If lim f(n+1) f(n) = L n-oo prove that lm0 S (n)/n exists and equals L
1. Suppose that f : NR. If lim f(n+1) f(n) = L n-oo prove that lm0 S (n)/n exists and equals L
QUESTION 10 Which of the following statements is correct concerning return on investment calculations? Margin equals...
QUESTION 10 Which of the following statements is correct concerning return on investment calculations? Margin equals stockholders' equity divided by sales Return on investment equals margin divided by turnover. Turnover equals return on investment divided by margin. Sales equals turnover divided by margin. QUESTION 11 Which of the following will NOT result in an increase in the residual income, assuming other factors remain constant? An increase in sales. An increase in the minimum required rate of return OA decrease in...
Compare and analyze ratios of two companies. Profitability ratios Dec 31, 2018 Return on Sales Gross...
Compare and analyze ratios of two companies.
Profitability ratios Dec 31, 2018 Return on Sales Gross profit margin Operating profit margin 63.05% 27.31% 20.20% Net profit margin Return on Investment Return on equity (ROE) Return on assets (ROA) 37.89% 7.73% Dec 29, 2018 Return on Sales 54.56% Gross profit margin Operating profit margin Net profit margin 15.64% 19.35% Return on Investment Return on equity (ROE) 86.20% Return on assets (ROA) 16.12%
The Brenmar Sales Company had a gross profit margin (gross profits divided by sales) of 29...
The Brenmar Sales Company had a gross profit margin (gross profits divided by sales) of 29 percent and sales of $8.1 million last year. 78 percent of the firm's sales are on credit, and the remainder are cash sales. Brenmar's current assets equal $1.8 million, its current liabilities equal $298,800 and it has $107,300 in cash plus marketable securties. A. If Brenmar's accounts receivale equal $561,600, what is is average collection period? B. If Brenmar reduces its average collection period...
Return on Assets Net Sales Gross Profit Margin Cost of Goods Operating Net Profit Before Tax...
Return on Assets Net Sales Gross Profit Margin Cost of Goods Operating Net Profit Before Tax PI Expense Accounts Receivable Return On Assets + Merchandise Inventory Total Current Assets Asset Turnover Cash Total Assets Fixed Assets Other Current Assets Use the charts on the following page to calculate Net Profit Margin % for each scenario: Scenario 1 Scenario 2 Income Statement Income Statement Sales Sales Gross Sales $200,000 Gross Sales $100,000 Promotional Allowances $25,000 Promotional Allowances $15,000 Customer Returns -$15,000...
Determine L-1{F}. -452 29s - 50 F(s) = (s+3)?(s+4) &-'{F}=0
Determine L-1{F}. -452 29s - 50 F(s) = (s+3)?(s+4) &-'{F}=0
velure taking a pro-taxpayel PUSILIUNI UI dldl return? 1:15-30 List an advisor's duties that are excluded under the...
velure taking a pro-taxpayel PUSILIUNI UI dldl return? 1:15-30 List an advisor's duties that are excluded under the AICPA's Statements on Standards for Tax Services.
(T) (F) (1) (F) Return on sales equals gross profit divided by sales Amounts due from customers are called accounts payable. (T) (F) Retained earnings indicate the amount of cash available for distribution to shareholders The Allowance for Bad Debts account is added to the Accounts Receivable The Allowance for Bad account on the balance sheet. 4. (T) (5)
Return on sales equals gross profit divided by sales Amounts due from customers are called accounts payable Retained earnings indicate the amount of cash available for shareholders.
Return on investment equals: POSSIBLE ANSWERS: profit x assets - S inventory x sales -- - sales assets assets + inventory C sales profit x sales -- sales x assets
1. Suppose that f : NR. If lim f(n+1) f(n) = L n-oo prove that lm0 S (n)/n exists and equals L
1. Suppose that f : NR. If lim f(n+1) f(n) = L n-oo prove that lm0 S (n)/n exists and equals L
QUESTION 10 Which of the following statements is correct concerning return on investment calculations? Margin equals stockholders' equity divided by sales Return on investment equals margin divided by turnover. Turnover equals return on investment divided by margin. Sales equals turnover divided by margin. QUESTION 11 Which of the following will NOT result in an increase in the residual income, assuming other factors remain constant? An increase in sales. An increase in the minimum required rate of return OA decrease in...
Compare and analyze ratios of two companies.
Profitability ratios Dec 31, 2018 Return on Sales Gross profit margin Operating profit margin 63.05% 27.31% 20.20% Net profit margin Return on Investment Return on equity (ROE) Return on assets (ROA) 37.89% 7.73% Dec 29, 2018 Return on Sales 54.56% Gross profit margin Operating profit margin Net profit margin 15.64% 19.35% Return on Investment Return on equity (ROE) 86.20% Return on assets (ROA) 16.12%
Return on Assets Net Sales Gross Profit Margin Cost of Goods Operating Net Profit Before Tax PI Expense Accounts Receivable Return On Assets + Merchandise Inventory Total Current Assets Asset Turnover Cash Total Assets Fixed Assets Other Current Assets Use the charts on the following page to calculate Net Profit Margin % for each scenario: Scenario 1 Scenario 2 Income Statement Income Statement Sales Sales Gross Sales $200,000 Gross Sales $100,000 Promotional Allowances $25,000 Promotional Allowances $15,000 Customer Returns -$15,000...
Determine L-1{F}. -452 29s - 50 F(s) = (s+3)?(s+4) &-'{F}=0
velure taking a pro-taxpayel PUSILIUNI UI dldl return? 1:15-30 List an advisor's duties that are excluded under the AICPA's Statements on Standards for Tax Services.
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