What is the formula to calculate the profit margin? Gross Profit ÷ Sale Net Income ÷...
- What is the formula to calculate the profit margin?
- Gross Profit ÷ Sale
- Net Income ÷ Sales
- Gross Profit ÷ Net Income Incorrect.
- Net Income ÷ Gross Profit
- None of the options listed (Net Income / Revenue) or (Net Profit / Sales)
Homework Answers
Ans. Option B
Profit margin is the percentage of net profit on sales. Profit margin is generally known as net profit margin. Option a is the formula of gross profit margin. So, option B would be our answer rather than option A.
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What is the formula to calculate the profit margin?
Gross Profit ÷ Sale
Net Income ÷...
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What is the dollar and % change formula for net sales, gross profit, and net income
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Calculate gross profit margin (gross profit/revenues) and operating profit margin (operating profit/revenues) for Callaway Golf Company...
Calculate gross profit margin (gross profit/revenues) and
operating profit margin (operating profit/revenues) for Callaway
Golf Company (refer to Exhibit 2.9).
Multiple Choice
44.2% and 5.1%
50.2% and 5.1%
Cannot be calculated with the information provided
44.2% and 8.3%
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Calculate gross profit margin (gross profitirevenues) and operating profit margin (operating profit/revenues) for Callaway Golf Company...
Calculate gross profit margin (gross profitirevenues) and operating profit margin (operating profit/revenues) for Callaway Golf Company tceferto Exhibit 2.9) Muitiple Cholce 44.2% end 57% 50.2% and 5 Cannot be calculeted with the information provided 44.2% end 8% EXHIBIT 2.9 CALLAWAY GOLF COMPANY Consolidated Statements of Operations (In thousands, except per share data) Year Ended December 31, 2014 2015 2016 $886,945 $ 871,192 $843,794 Net sales... 529,019 486,161 486,181 Cost of sales 357,926 357,633 385,011 Gross profit. Selling expenses.. General and...
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Maggie's Skunk Removal Corp.'s 2018 income statement listed net sales of $12.5 million, gross profit of...
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Calculate gross profit margin (gross profit/revenues) and operating profit margin (operating profit/revenues) for Tesco PLC (refer...
Calculate gross profit margin (gross profit/revenues) and
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Multiple Choice
5.4% and 5.1%
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Cannot be calculated with the information provided
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EXHIBIT 2.13 TESCO PLC Excerpt from Group Income Statement 52 weeks ended 25 February 2017 Before exceptional items £m Exceptional items (Note 4) £m Total £m Continuing operations Note Revenue Cost of sales Gross profit (loss)...... Administrative expenses Profits/(losses) arising on property-related items....
1. Calculate gross profit margin (gross profit/revenues) and operating profit margin (operating profit/revenues) for Tesco PLC...
1. Calculate gross profit margin (gross profit/revenues) and
operating profit margin (operating profit/revenues) for Tesco PLC
(refer to Exhibit 2.13).
a. 5.4% and 2.3%
b. 5.4% and 5.1%
c. Cannot be calculated with the information provided
d. 4.2% and 8.3%
EXHIBIT 2.13 TESCO PLC Excerpt from Group Income Statement 52 weeks ended 25 February 2017 Before exceptional items £m Exceptional items (Note 4) £m Total £m Continuing operations Note Revenue Cost of sales Gross profit (loss)...... Administrative expenses Profits/(losses) arising...
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Calculate gross profit margin (gross profit/revenues) and
operating profit margin (operating profit/revenues) for Callaway
Golf Company (refer to Exhibit 2.9).
Multiple Choice
44.2% and 5.1%
50.2% and 5.1%
Cannot be calculated with the information provided
44.2% and 8.3%
EXHIBIT 2.9 CALLAWAY GOLF COMPANY Consolidated Statements of Operations (In thousands, except per share data) Year Ended December 31, 2016 2015 2014 $ 871,192 486,181 385,011 235,556 71,969 33,318 340,843 44,168 621 (2,368) 17,662 (1,690) 58,393 (132,561) 190,954 1,054 $ 189,900 $843,794...
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Maggie's Skunk Removal Corp.'s 2018 income statement listed net sales of $12.5 million, gross profit of $6.9 million, EBIT of $5.6 million, net income available to common stockholders of $3.2 million, and common stock dividends of $1.2 million. The 2018 year-end balance sheet listed total assets of $52.5 million and common stockholders' equity of $21 million with 2 million shares outstanding. points Calculate the gross profit margin. (Round your answer to 2 decimal places.) & 02:42:34 Gross profit margin eBook...
Calculate gross profit margin (gross profit/revenues) and
operating profit margin (operating profit/revenues) for Tesco PLC
(refer to Exhibit 2.13).
Multiple Choice
5.4% and 5.1%
5.4% and 2.3%
Cannot be calculated with the information provided
4.2% and 8.3%
EXHIBIT 2.13 TESCO PLC Excerpt from Group Income Statement 52 weeks ended 25 February 2017 Before exceptional items £m Exceptional items (Note 4) £m Total £m Continuing operations Note Revenue Cost of sales Gross profit (loss)...... Administrative expenses Profits/(losses) arising on property-related items....
1. Calculate gross profit margin (gross profit/revenues) and
operating profit margin (operating profit/revenues) for Tesco PLC
(refer to Exhibit 2.13).
a. 5.4% and 2.3%
b. 5.4% and 5.1%
c. Cannot be calculated with the information provided
d. 4.2% and 8.3%
EXHIBIT 2.13 TESCO PLC Excerpt from Group Income Statement 52 weeks ended 25 February 2017 Before exceptional items £m Exceptional items (Note 4) £m Total £m Continuing operations Note Revenue Cost of sales Gross profit (loss)...... Administrative expenses Profits/(losses) arising...
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