Please help find net profit margin with the following formula: Profits after taxes\Sales= net profit margin...
Please help find net profit margin with the following formula:
Profits after taxes\Sales= net profit
margin
year 2019
https://ir.americanexpress.com/AsReported/Index
https://ir.americanexpress.com/AsReported/Index
Homework Answers
| Please give positive ratings so I can keep answering. It would help me a lot. Please comment if you have any query. Thanks! |
| Hi first not that the link you have attached has data for only 9 months of 2019 and not full year of 2019. I am calculating net profit margin as per the data provided by you. | |
| Net profit margin= Profits after taxes\Sales | |
| Sales is = | |
| Total non-interest revenues | 25,855.00 |
| Add: Total interest income | 8,999.00 |
| Sales | 34,854.00 |
| Profits after taxes= Net income | 5,066.00 |
| Net profit margin | 14.53% |
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Please help find net profit margin with the following formula:
Profits after taxes\Sales= net profit
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Use the percent-of-sales method to prepare a pro forma income statement for the year ended December 31, 2019, for Hennesaw Lumber, Inc. Hennesaw Lumber, Inc. estimates that its sales in 2019 wil be $4,500,000. Interest expense is to remain unchanged at $105,000 and the firm plans to pay cash dividends of $150,000 during 2019. Hennesaw Lumber...
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******Ignore vi.operating profit margin*****
Please find below the financial data for the Collins Company as of December 31, 2019: Inventory Long-term debt Interest expense Accumulated depreciation Cash Net sales (all credit) Common stock Accounts receivable Operating expense (incl. depr. exp. and taxes) Notes payable-current Cost of goods sold Plant and equipment Accounts payable Marketable securities Accrued wages Retained earnings $300,000 500,000 25,000 450,000 280,000 1.800.000 900,000 325,000 625.000 200,000 1.100.000 1,400,000 180,000 80,000 45,000...
pro forma net profit after taxes for 2019 needed,pro forma
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