Profit Margin = Net Income / Sales |
= $360000/1800000 |
=20 % |
Explanation:
Profit margin denotes that how much net income generated in percentage relative to sales.
Required information [The following information applies to the questions displayed below.) Westerville Company reported the following...
Required information [The following Information applies to the questions displayed below] Westerville Company reported the following results from last year's operations: $ 1.200.000 220.000 BUO,000 Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets 640,000 240,000 600.000 $ At the beginning of this year, the company has a $150,000 Investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $ 240,000 50% of sales $ 84,000 The company's minimum required rate...
Required information [The following Information applies to the questions displayed below.) Westerville Company reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 1,200.000 320,000 BBO,000 640.000 240,000 600,000 At the beginning of this year, the company has a $150,000 Investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $ 240,000 50% of sales $ 84,000 The company's minimum required rate of...
Required Information [The following Information applies to the questions displayed below.) Westerville Company reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 1,200,000 320.000 UBO,000 640,000 $ 240,000 $ 600,000 At the beginning of this year, the company has a $150,000 Investment opportunity with the following cost and revenue characteristics: $ 240,000 Sales Contribution margin ratio Fixed expenses 50% of sales $ 84,000 The company's minimum required...
[The following information applies to the questions displayed below.) Westerville Company reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 1,000,000 300,000 700,000 500,000 200,000 $ 625,000 At the beginning of this year, the company has a $120,000 investment opportunity with the following cost and reves characteristics Sales Contribution margin ratio Fixed expenses $ 200,000 60 of sales $ 90,000 The company's minimum required rate of return...
Required information (The following information applies to the questions displayed below.] Westerville Company reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $2,200,000 660,000 1,540,000 1,100,000 $ 440,000 $1,375,000 At the beginning of this year, the company has a $275,000 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $440,000 60% of sales $220,000 The company's minimum required rate of return is...
Required information [The following information applies to the questions displayed below.] Westerville Company reported the following results from last year’s operations: Sales $ 1,000,000 Variable expenses 300,000 Contribution margin 700,000 Fixed expenses 500,000 Net operating income $ 200,000 Average operating assets $ 625,000 At the beginning of this year, the company has a $120,000 investment opportunity with the following cost and revenue characteristics: Sales $ 200,000 Contribution margin ratio 60 % of sales Fixed expenses $ 90,000 The company’s minimum...
Westerville Company reported the following results from last year’s operations: Sales $ 1,800,000 Variable expenses 435,000 Contribution margin 1,365,000 Fixed expenses 1,005,000 Net operating income $ 360,000 Average operating assets $ 1,200,000 At the beginning of this year, the company has a $300,000 investment opportunity with the following cost and revenue characteristics: Sales $ 360,000 Contribution margin ratio 70 % of sales Fixed expenses $ 216,000 The company’s minimum required rate of return is 10%. 11. What is last year’s...
[The following information applies to the questions displayed below.] Westerville Company reported the following results from last year’s operations: Sales $ 1,000,000 Variable expenses 300,000 Contribution margin 700,000 Fixed expenses 500,000 Net operating income $ 200,000 Average operating assets $ 625,000 At the beginning of this year, the company has a $120,000 investment opportunity with the following cost and revenue characteristics: Sales $ 200,000 Contribution margin ratio 60 % of sales Fixed expenses $ 90,000 The company’s minimum required rate...
[The following information applies to the questions displayed below.) Westerville Company reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 1,000,000 300,000 700, eee 500,000 $ 200,000 $ 625,888 At the beginning of this year, the company has a $120,000 investment opportunity with the following cost and revenu characteristics: Sales Contribution margin ratio Fixed expenses $ 200,00 60% of sales $ 90,000 The company's minimum required rate...
[The following information applies to the questions displayed below.] Westerville Company reported the following results from last year’s operations: Sales $ 1,500,000 Variable expenses 730,000 Contribution margin 770,000 Fixed expenses 470,000 Net operating income $ 300,000 Average operating assets $ 937,500 At the beginning of this year, the company has a $362,500 investment opportunity with the following cost and revenue characteristics: Sales $ 580,000 Contribution margin ratio 70 % of sales Fixed expenses $ 319,000 The company’s minimum required rate...