Homework Answers
Gross Profit=Total revenue generated-Total expenses
=$10000-$(8500+300+200+150+500)
=$10000-$965
=$350
[Note: Stocks dividends distributed to shareholders are not recorded as an expense on a company's income statement. Stock and cash dividends do not affect a company's net income or profit.]
Therefore the correct answer is option d)$350
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Refer to attached photo.
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Refer to photo.
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This is what you can see when you open the yellow
box
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Refer to photo. What was the earnings Per Share (EPS) in 2014? a) 26.7p b) 10.4p...
Refer to photo.
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Refer to attached photo.
What was the percentage increase in revenue between
2014 and 2013?
a) 15.38%
b) 13.33%
c) 14.28%
d) 12.5%
Extracts from the financial statements of Aberlady plc's latest annual report are given below: 2014 2013 000.3 90.30 1,500 1,300 Revenue 700 800 Cost of sales 700 600 Gross Profit 250 300 Operating Expenses 350 400 Operating profit 50 80 Finance charges 300 320 Profit before taxation 65 70 Taxation 235 250 Profit for year 1000 1200...
Refer to photo.
What was the Operating profit % in 3013?
a) 26.66%
b) 58.33%
c) 26.92%
d) 19.23%
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Rembrandt Paint Company had the following income statement items
for the year ended December 31, 2021 ($ in thousands):
Can someone check what I'm doing wrong.
Thanks
This is what you can see when you open the yellow
box
$ Income Statement For the year ended December 31, 2021 ($ in thousands, except per share amounts) Sales Revenue Cost of goods sold Gross profit Operating expense Advertising expense $ Depreciation expense Salaries expense Restructuring cost 18,000 10,500 7,500 3,300 700...
Refer to photo.
What was the earnings Per Share (EPS) in 2014?
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