The profit margin ratio measures the _______________ earned from each dollar of sales. Operating income Net...
The profit margin ratio measures the _______________ earned from each dollar of sales.
Operating income
Net income
Income before taxes
Income before interest and taxes
Homework Answers
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Option B is the answer Net income |
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Profit Margin ratio measures the net income earned from the each dollar of sales. Profit Margin ratio = Net income/Sales revenue |
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The profit margin ratio measures the _______________ earned from
each dollar of sales.
Operating income
Net...
The profit margin measures net income per dollar of sales. 1 a. True b. False Ryngard...
The profit margin measures net income per dollar of sales. 1 a. True b. False Ryngard Corp's sales last year were $42,000, and its total assets were $16,000. What was its total assets turnover ratio (TATO)? a. 2.68 - O b. 2.63 O c. 2.31 o d. 3.15 oo e. 2.36 Song Corp's stock price at the end of last year was $16.75 and its earnings per share for the year were $1.30. What was its P/E ratio? O a....
Compute the following: (5) debt-to-equity ratio (6) times interest earned (7) net profit margin (8) total...
Compute the following:
(5) debt-to-equity ratio
(6) times interest earned
(7) net profit margin
(8) total asset turnover
CADET CORPORATION Income Statement For Year Ended December 31, 2009 Sales $456,600 Cost of goods sold Gross profit Operating expenses 297.450 159.150 99.400 Interest expense 3,900 Income before taxes 55,850 Income taxes 22,499 $ 33,35 Net income CADET CORPORATION Balance Sheet December 31, 2009 Liabilities and Equity Accounts payable Accrued wages payable Income taxes payable Assets S 20,000 Cash 21,500 8,200 Short-term...
For a hospital, how to calculate Gross Profit Margin , Operating Profit Margin , Net Profit Margin , &nb...
For a hospital, how to calculate Gross Profit Margin , Operating Profit Margin , Net Profit Margin , Profit after Taxes ? Note: There is no "Cost of good sold"and “Sales”。 There are only “Operating Revenues”, “Operating Expenses”, “Operating Income (Loss)”, “Nonoperating Revenues (Expenses)” , and “Net Position” given.
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...
Break-Even in Sales Revenue, Variable-Costing Ratio, Contribution Margin Ratio, Margin of Safety Hammond Company runs a...
Break-Even in Sales Revenue, Variable-Costing Ratio, Contribution Margin Ratio, Margin of Safety Hammond Company runs a driving range and golf shop. The budgeted income statement for the coming year is as follows. Sales $1,240,000 Less: Variable expenses 706,800 Contribution margin $533,200 Less: Fixed expenses 425,000 Income before taxes $108,200 Less: Income taxes 43,280 Net income $64,920 Required: 1. What is Hammond’s variable cost ratio? Enter your answer as a decimal value rounded to two decimal places. What is the contribution...
Margin of safety ratio. 4. Net operating income ercentage. 10-13 Effect of taxes on break-even and...
Margin of safety ratio. 4. Net operating income ercentage. 10-13 Effect of taxes on break-even and target volume Yosemite Enterprises desires to earn an after-tax income of $150,000 It has fixed costs of $1,000,000. a unit sales price o! $500, and unit variable cosEs of $200. The company is in the 30% tax bracket. 1. How many dol ars of sales revenue must be earned to achieve the after-tax profit of $150.000? 2. How many dollars of revenue would have...
Profitability ratios reflect the net result of all the firm's erect. B policies and operating decisions....
Profitability ratios reflect the net result of all the firm's erect. B policies and operating decisions. The profitability ratios include the: (1) Operating profit margin, (2) Net profit margin, (3) Return on total assets (ROA), (4) Basic earning power (BEP) ratio, and (5) Return on common equity (ROE). The operating profit margin indicates what percentage of sales remain after et B are accounted for. It is a measure of the firm's operating effidency. Its equation is: B. It measures the...
Calculate Net sales, Gross profits from sales and gross profit margin and profit and loss and...
Calculate Net sales, Gross profits from sales and gross profit margin and profit and loss and Terms are: Sales Sales Discounts (5 %) $16,000 S $105,000 560 $418,000 Net sales Cost of goods sold Gross profit from sales 4,00 31,00 -320.00 215,00 -8.000-64.000 Gross profit margin ratio Gross profit/ Sales) x 100 Operating expenses ?9.000 . 31.000 -22.00? -261,000 106.000 rofit (loss) Quick Study 5-2
Compute net sales, gross profit, and the gross margin ratio for each of the four separate...
Compute net sales, gross profit, and the gross margin ratio for each of the four separate companies. (Round your gross margin ratio to 1 decimal place; i.e.; 0.2367 should be entered as 23.7%.). Carrier Lennox Trane York Net sales Gross profit Gross margin ratio Carrier Lennox Trane York Sales $ 152,000 $ 590,000 $ 40,000 $ 259,000 Sales discounts 2,000 13,000 600 4,000 Sales returns and allowances 16,000 6,000 4,100 500 Cost of goods sold 90,852 369,437 26,122 149,646
7 Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 310,000 217,000 93,000...
7 Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 310,000 217,000 93,000 75,000 $ 18,000 Per Unit $20 14 $ 6 25 oints eBook Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $34,200? 3-b. Verify your answer...
The profit margin measures net income per dollar of sales. 1 a. True b. False Ryngard Corp's sales last year were $42,000, and its total assets were $16,000. What was its total assets turnover ratio (TATO)? a. 2.68 - O b. 2.63 O c. 2.31 o d. 3.15 oo e. 2.36 Song Corp's stock price at the end of last year was $16.75 and its earnings per share for the year were $1.30. What was its P/E ratio? O a....
Compute the following:
(5) debt-to-equity ratio
(6) times interest earned
(7) net profit margin
(8) total asset turnover
CADET CORPORATION Income Statement For Year Ended December 31, 2009 Sales $456,600 Cost of goods sold Gross profit Operating expenses 297.450 159.150 99.400 Interest expense 3,900 Income before taxes 55,850 Income taxes 22,499 $ 33,35 Net income CADET CORPORATION Balance Sheet December 31, 2009 Liabilities and Equity Accounts payable Accrued wages payable Income taxes payable Assets S 20,000 Cash 21,500 8,200 Short-term...
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...
Margin of safety ratio. 4. Net operating income ercentage. 10-13 Effect of taxes on break-even and target volume Yosemite Enterprises desires to earn an after-tax income of $150,000 It has fixed costs of $1,000,000. a unit sales price o! $500, and unit variable cosEs of $200. The company is in the 30% tax bracket. 1. How many dol ars of sales revenue must be earned to achieve the after-tax profit of $150.000? 2. How many dollars of revenue would have...
Profitability ratios reflect the net result of all the firm's erect. B policies and operating decisions. The profitability ratios include the: (1) Operating profit margin, (2) Net profit margin, (3) Return on total assets (ROA), (4) Basic earning power (BEP) ratio, and (5) Return on common equity (ROE). The operating profit margin indicates what percentage of sales remain after et B are accounted for. It is a measure of the firm's operating effidency. Its equation is: B. It measures the...
Calculate Net sales, Gross profits from sales and gross profit margin and profit and loss and Terms are: Sales Sales Discounts (5 %) $16,000 S $105,000 560 $418,000 Net sales Cost of goods sold Gross profit from sales 4,00 31,00 -320.00 215,00 -8.000-64.000 Gross profit margin ratio Gross profit/ Sales) x 100 Operating expenses ?9.000 . 31.000 -22.00? -261,000 106.000 rofit (loss) Quick Study 5-2
7 Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 310,000 217,000 93,000 75,000 $ 18,000 Per Unit $20 14 $ 6 25 oints eBook Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $34,200? 3-b. Verify your answer...
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