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Better efficiencies had a favorable impact on muebles Mexicanos gorss profit margin. Other than that all other will cause effect on either business or customer. high selling prices leads to decrease the ration of sales. cheaper raw materials also indirectly impacts the business.
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Which of the following had a favorable impact on Muebles Mexicanos' gross profit margin in the...
Hibbert plc has calculated their gross profit % to be 45% in 2014 compared to 37%...
Hibbert plc has calculated their gross profit % to be 45% in 2014 compared to 37% in 2013. Which of the following! statements is unlikely to be an explanation for the improved results? Select one: a. A cheaper supplier of raw material was found O b. Change to the minimum wage increased the production labour rate per hour C. Competitor withdrawal from the market place enabled the company to increase their selling prices d. Improved machine efficiency
Boots and Bags Ltd. reported a gross profit margin of 25% in 2018. Indicate which of...
Boots and Bags Ltd. reported a gross profit margin of 25% in 2018. Indicate which of the following items would result in an increase in the company's gross profit margin in 2019. a. An increase in the number of boots and bags sold. b. A decrease in the commission rate for selling each bag or pair of boots. c. A decrease in the wholesale cost of bags. O d. A decrease in the number of customers paying promptly and not...
Qucstion 2: DuPont method In year 2016, Apple Inc. had profit margin of 27.8% a) The profit margi...
Qucstion 2: DuPont method In year 2016, Apple Inc. had profit margin of 27.8% a) The profit margin indicates that Apple has t generated 27.8 cents of profit per dollar of sales and asset turnover of 670 Le t generated 57 cents of annual sales per do ar o e as O high pricing power it can charge high prices relative to costs O high production efficiency-it has very low costs Olow pricing power it cannot charge high prices relative...
_1. Total net profit margin measures: Productive and efficient use of only property plant and equipment...
_1. Total net profit margin measures: Productive and efficient use of only property plant and equipment Return to common shareholders Net income dollars generated by each dollar of sales and is used to interpret management’s ability to control expenses. Annual number of times inventory is turned into a sale Ability of the firm to generate sales through the effective and efficient use of assets ______2. T or F The total asset turnover component of the DuPont method measures the ability...
Which of the following statements regarding gross profit percentage is not correct? The gross profit percentage...
Which of the following statements regarding gross profit percentage is not correct? The gross profit percentage measures the percentage of profit earned on each dollar of sales. O A decreasing gross profit percentage means that the company is selling products for a greater markup over its cost. O Gross profit percentages vary across industries It is possible for a company to increase both its gross profit percentage and net income without increasing the dollar amount of sales Garcia Company is...
The Brenmar Sales Company had a gross profit margin (gross profits divided by sales) of 29...
The Brenmar Sales Company had a gross profit margin (gross profits divided by sales) of 29 percent and sales of $8.1 million last year. 78 percent of the firm's sales are on credit, and the remainder are cash sales. Brenmar's current assets equal $1.8 million, its current liabilities equal $298,800 and it has $107,300 in cash plus marketable securties. A. If Brenmar's accounts receivale equal $561,600, what is is average collection period? B. If Brenmar reduces its average collection period...
Question 2: DuPont method In year 2016, Apple Inc. had profit margin of 27.8% (i.e., it...
Question 2: DuPont method In year 2016, Apple Inc. had profit margin of 27.8% (i.e., it generated 27.8 cents of profit per dollar of sales) and asset turnover of 0.670 (i.e., it generated 67.0 cents of annual sales per dollar of assets). a) The profit margin indicates that Apple has high pricing power -- it can charge high prices relative to costs C high production efficiency -- it has very low costs o low pricing power -- it cannot charge...
Calculate the Gross Profit Margin using the information provided. What is the GPM for Apple? (7.5...
Calculate the Gross Profit Margin using the information provided. What is the GPM for Apple? (7.5 pts) What is the GPM for Microsoft? (7.5 pts) Which company has the higher GPM? (5pts) Does higher sales guarantee greater profits? (5 pts) In 2014, Apple reported profits of more than $50 billion on sales of $182 billion. For that same period, Microsoft posted a profit of almost $30 billion on sales of $88 billion. So Apple is a better marketer, right? Sales...
(Efficiency analysis) The Brenmar Sales Company had a gross profit margin (gross profitsdivided by÷sales) of 32...
(Efficiency analysis) The Brenmar Sales Company had a gross profit margin (gross profitsdivided by÷sales) of 32 percent and sales of $9.8 million last year. 79 percent of the firm's sales are on credit, and the remainder are cash sales. Brenmar's current assets equal $1.7 million, its current liabilities equal $297,000, and it has $107,400 in cash plus marketable securities. a. If Brenmar's accounts receivable equal $562,100, what is its average collection period? b. If Brenmar reduces its average collection...
Which of the following statements about gross profit percentages is correct? Because gross profit percentages are...
Which of the following statements about gross profit percentages is correct? Because gross profit percentages are so variable across industries, they are most useful in comparing companies from different industries. Because gross profit percentages are so consistent from period to period, they are not very useful for analyzing one company over time. Because gross profit percentages are so variable across industries, they are more useful in analyzing one company over time. Because gross profit percentages are so consistent across industries,...
Hibbert plc has calculated their gross profit % to be 45% in 2014 compared to 37% in 2013. Which of the following! statements is unlikely to be an explanation for the improved results? Select one: a. A cheaper supplier of raw material was found O b. Change to the minimum wage increased the production labour rate per hour C. Competitor withdrawal from the market place enabled the company to increase their selling prices d. Improved machine efficiency
Boots and Bags Ltd. reported a gross profit margin of 25% in 2018. Indicate which of the following items would result in an increase in the company's gross profit margin in 2019. a. An increase in the number of boots and bags sold. b. A decrease in the commission rate for selling each bag or pair of boots. c. A decrease in the wholesale cost of bags. O d. A decrease in the number of customers paying promptly and not...
Qucstion 2: DuPont method In year 2016, Apple Inc. had profit margin of 27.8% a) The profit margin indicates that Apple has t generated 27.8 cents of profit per dollar of sales and asset turnover of 670 Le t generated 57 cents of annual sales per do ar o e as O high pricing power it can charge high prices relative to costs O high production efficiency-it has very low costs Olow pricing power it cannot charge high prices relative...
Which of the following statements regarding gross profit percentage is not correct? The gross profit percentage measures the percentage of profit earned on each dollar of sales. O A decreasing gross profit percentage means that the company is selling products for a greater markup over its cost. O Gross profit percentages vary across industries It is possible for a company to increase both its gross profit percentage and net income without increasing the dollar amount of sales Garcia Company is...
Question 2: DuPont method In year 2016, Apple Inc. had profit margin of 27.8% (i.e., it generated 27.8 cents of profit per dollar of sales) and asset turnover of 0.670 (i.e., it generated 67.0 cents of annual sales per dollar of assets). a) The profit margin indicates that Apple has high pricing power -- it can charge high prices relative to costs C high production efficiency -- it has very low costs o low pricing power -- it cannot charge...
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