Calculate Net sales, Gross profits from sales and gross profit margin and profit and loss and...
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
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.
$ $1,390.000 % 100.0% $574,700 $105,000 100 101 102 Net sales $1,390,000 103 Gross margin $574,700 104 Profit $105,000 105 106 Net Sales Problem One 107 -COGS 108 =GM 109 -Expenses 110 =Profit/Loss 111 11.Skeletal Profit and Loss Statement: Set up skeletal profit and loss statement in both dollars and percentage 112 given the information. 113 Gross margin $535,000 114 Gross margin 25% 115 Expenses $625,000 116 117 Net Sales Problem Two 118 -COGS 119 =GM 120 -Expenses 121 =Profit/Loss...
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...
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)
Please help find net profit margin with the following formula: Profits after taxes\Sales= net profit margin year 2019 https://ir.americanexpress.com/AsReported/Index https://ir.americanexpress.com/AsReported/Index
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...
calculate the Net Income based upon the following: Sales $100,000 Gross Profit Margin 35% of Sales Operating Profit Margin (EBIT) 20% of Sales Interest Expense $5,000 Tax Rate 35% A. $6,500 B. $6,000 C. $15,000
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...