Question

5) Over Spring break, your friends wanted to hear about what youve learned in your Entrepreneurial Financial Management clas

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Gross profit margin is the ratio of Gross margin to net revenues. Gross margin is the difference between net revenue and cost of goods sold. Operating profit margin represents the ratio between operating profits to net revenues. It measures the earnings before interest and taxes that a business makes on every dollar of revenue earned. Net profit margin is the percentage of revenues left over after all expenses have been deducted including interest and taxes.

Add a comment
Know the answer?
Add Answer to:
5) Over Spring break, your friends wanted to hear about what you've learned in your Entrepreneurial...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Based on what you've learned about investing in your team members, share a real-life example of...

    Based on what you've learned about investing in your team members, share a real-life example of a company that invests in their employees (you can use one of your past employers or you can use an example you find online). How does this company motivate its employees by investing in them?

  • Robin and Bol, best friends since second grade, have begun a newsletter or "Palabra for fans...

    Robin and Bol, best friends since second grade, have begun a newsletter or "Palabra for fans of their local poetry scene. Though they have kept their day jobs, they spend most of their free time together producing the Palabra, which they create each week in the garage of the house they rent together. They distribute it for free but earn revenue through sales of advertising, and more often than not break even or even turn a small profit. Their dreams...

  • I need help with these problems, please show your work.   Break-Even Sales Under Present and Proposed Conditions Batto...

    I need help with these problems, please show your work.   Break-Even Sales Under Present and Proposed Conditions Battonkill Company, operating at full capacity, sold 133,600 units at a price of $105 per unit during the current year. Its income statement for the current year is as follows: Sales $14,028,000 4,970,000 Cost of goods sold Gross profit $9,058,000 Expenses Selling expenses $2,485,000 Administrative expenses 1,505,000 Total expenses 3,990,000 Income from operations $5,068,000 The division of costs between fixed and variable is...

  • Business Law Class 4. Robin and Boi, best friends since second grade have begun a newsletter...

    Business Law Class 4. Robin and Boi, best friends since second grade have begun a newsletter or Palabra for fans of their local poetry scene. Though they have kept their day jobs, they spend most of their free time together producing the Palabra, which they create each week in the garage of the house they rent together. They distribute it for free but earn revenue through sales of advertising, and more often than not break even or even turn a...

  • 9 Case 5-33 Cost Structure; Break-Even and Target Profit Analysis [LO5-4, LO5-5, LO5-6] Pittman Company is...

    9 Case 5-33 Cost Structure; Break-Even and Target Profit Analysis [LO5-4, LO5-5, LO5-6] Pittman Company is a small but growing manufacturer of telecommunications equipment. The company has no sales force of its own; rather, it reles completely on independent sales agents to market its products. These agents are paid a sales commission of 15% for all Items sold 10 points Barbara Cheney. Pittman's controller, has Just prepared the company's budgeted Income statement for next year as follows: eBook Pittman Company...

  • What alternative do you believe Mr. Markham should select? Offer your rationale for your selection. The...

    What alternative do you believe Mr. Markham should select? Offer your rationale for your selection. The Case This case was developed by the MIT Sloan School of Management. It is part of their “Learning Edge,” a free learning resource. This case was prepared by John Minahan and Cate Reavis. This case is based on actual events. Actual names are changed; some of the narrative is fictional. In early 2012, as he prepared to enter a meeting with the board of...

  • CASE 5–33 Cost Structure; Break-Even and Target Profit Analysis LO5–4, LO5–5, LO5–6 Pittman Company is a...

    CASE 5–33 Cost Structure; Break-Even and Target Profit Analysis LO5–4, LO5–5, LO5–6 Pittman Company is a small but growing manufacturer of telecommunications equipment. The company has no sales force of its own; rather, it relies completely on independent sales agents to market its products. These agents are paid a sales commission of 15% for all items sold. Barbara Cheney, Pittman’s controller, has just prepared the company’s budgeted income statement for next year as follows: Pittman Company Budgeted Income Statement For...

  • Case 5-33 Cost Structure; Break-Even and Target Profit Analysis [LO5-4, LO5-5, LO5-6] Pittman Company is a...

    Case 5-33 Cost Structure; Break-Even and Target Profit Analysis [LO5-4, LO5-5, LO5-6] Pittman Company is a small but growing manufacturer of telecommunications equipment. The company has no sales force of its own; rather, it relies completely on independent sales agents to market its products. These agents are paid a sales commission of 15% for all items sold. Barbara Cheney, Pittman’s controller, has just prepared the company’s budgeted income statement for next year as follows: Pittman Company Budgeted Income Statement For...

  • Case 5-33 Cost Structure; Break-Even and Target Profit Analysis (LO5-4, LO5-5, LO5-6) Pittman Company is a...

    Case 5-33 Cost Structure; Break-Even and Target Profit Analysis (LO5-4, LO5-5, LO5-6) Pittman Company is a small but growing manufacturer of telecommunications equipment. The company has no sales force of its own rather, it relies completely on independent sales agents to market its products. These agents are paid a sales commission of 15% for all items sold. Barbara Cheney, Pittman's controller, has just prepared the company's budgeted income statement for next year as follows: $26,000,000 15, 340,000 10,660,000 Pittman Company...

  • Case 5-33 Cost Structure; Break-Even and Target Profit Analysis [LO5-4, LO5-5, LO5-6] Pittman Company is a...

    Case 5-33 Cost Structure; Break-Even and Target Profit Analysis [LO5-4, LO5-5, LO5-6] Pittman Company is a small but growing manufacturer of telecommunications equipment. The company has no sales force of its own; rather, it relies completely on independent sales agents to market its products. These agents are paid a sales commission of 15% for all items sold. Barbara Cheney, Pittman’s controller, has just prepared the company’s budgeted income statement for next year as follows: Pittman Company Budgeted Income Statement For...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT