Question

Use the following information to compute profit margin for each separate company a through e. (Round your answers to 1 decima

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

Solution 1:

Company Net Income Net sales Profit margin(%)
a 5051 40730 12.4%
b 81199 362497 22.4%
c 84507 232161 36.4%
d 64863 1323725 4.9%
e 69139 395081 17.5%

Solution 2:

Company C

Add a comment
Know the answer?
Add Answer to:
Use the following information to compute profit margin for each separate company a through e. (Round...
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
  • Use the following information to compute profit margin for each separate company a through e. (Round...

    Use the following information to compute profit margin for each separate company a through e. (Round your answers to 1 decimal place.) Profit Margin (%) Company Net Income Net Sales $ 4,903 $ 43,780 b 82,604 389,642 C. 87,840 249,546 d. 52,645 1,422,850 e 69,221 424,666 Which of the five companies is the most profitable according to the profit margin ratio? Company Company b O Company c Company d O Company e

  • Use the following information to compute profit margin for each separate company a through e (Round...

    Use the following information to compute profit margin for each separate company a through e (Round your answers to 1 decimal place.) a. S 5,224 s 42,820 84,604 381,098 88.355 244.074 65,408 1,391,650 71,856 415,354

  • 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

  • Chapter 9 Exercises i Saved Use the following information from separate companies a through d. 1.35...

    Chapter 9 Exercises i Saved Use the following information from separate companies a through d. 1.35 points osvo Net Income (Loss) $164,000 158,600 139,400 167,100 Interest Expense $67,240 45,994 36, 244 11,697 Income Taxes $41,000 57,096 58,548 80,208 eBook Compute times interest earned. Which company indicates the strongest ability to pay interest expense as it comes due? Complete this question by entering your answers in the tabs below. Hint Times Interest Earned Ratio Interest Coverage Print Compute times interest earned....

  • Exercice 3-10 Computing and interpreting profit margin LO A1 the the following information to computer pomag...

    Exercice 3-10 Computing and interpreting profit margin LO A1 the the following information to computer pomag for each con through 5 5 5 91 915 5 od 40 STO 74,588 1.491,750 5230 Which of the five companies is the most profitable according to the profit margin ratio? Company a Company b Company Company d o Companye

  • Compute ROA, Profit Margin and Asset Turnover for Competitors Selected balance sheet and income statement information...

    Compute ROA, Profit Margin and Asset Turnover for Competitors Selected balance sheet and income statement information from Urban Outfitters, Inc. and TJX Companies, clothing retailers in the high-end and value.priced segments, respectively, follows (in millions). 2014 2014 2014 2013 Company Sales EW* Total Assets Total Assets Urban Outfitters 53.323 $232.4 $1,889 $2.221 TJX Companies 29,078 2.241 11.128 10,201 *EWI = Earnings without interest expense a. Compute the 2014 return on assets (ROA) for both companies. Round answers to one decimal...

  • Saved Help Save & E QS 4-15 Computing and analyzing gross margin ratio LO A2 Salo...

    Saved Help Save & E QS 4-15 Computing and analyzing gross margin ratio LO A2 Salo Sales discounts Sales returns and allowances Coat of goods sold Carrier Lennox Trane York $150,000 $550,000 $38,700 $255,700 5,000 17,500 600 4,800 20,000 6,000 5,100 900 79,750 329,589 24,453 126,500 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...

  • Chapter 09 Homework Saved 12 Use the following information from separate companies a through f Net...

    Chapter 09 Homework Saved 12 Use the following information from separate companies a through f Net Income (Loss) $123,000 Interest Expense $51,660 Income Taxes $30,750 a. 1 b. 117,600 126,100 104,550 79,950 (34,440) 36,456 7,566 34,502 7,995 42,336 60,528 43,911 30,381 polnts C. d. е. f. 73,357 еВook 1. Compute times interest earned. 2. Which company indicates the strongest ability to pay interest expense as it comes due? Hint Complete this question by entering your answers in the tabs below....

  • Compute and Interpret ROA, Profit Margin, and Asset Turnover of Competitors Selected balance sheet and income...

    Compute and Interpret ROA, Profit Margin, and Asset Turnover of Competitors Selected balance sheet and income statement information for McDonald's Corporation and Yum! Brands, Inc., follows (in millions). Sales Revenue Interest Expense Net Income Average Total Assets McDonalds $32,853 $671 $5,758 $46,995 Yum! Brands 15,031 180 1,196 10,375 a. Compute the return on assets (ROA) for each company. Assume a tax rate of 35%. Do not round until your final answer. Round answer to one decimal place (i.e., 0.2568 =...

  • i need help with 1,2,3 Compute NOPAT Selected income statement information for 2018 is presented below...

    i need help with 1,2,3 Compute NOPAT Selected income statement information for 2018 is presented below for Home Depot Inc. and Lowe's Companies in Pretax Net Average Net Nonoperating Tax Operating Company ($ millions) Ticker Sales NOPBT Expense Expense Assets Home Depot HD $108,203 $15,841 $993 $3,504 $25,721 Lowe's LOW 72,735 4,098 636 1,080 20,326 a. Compute the following measures for both companies. Measure Rounding Instructions 1. Net operating profit (NOPAT) Round to nearest whole dollar 2. Return on net...

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