Profit margin is calculated by dividing net sales by net income. true or false
Profit margin is calculated by dividing net sales by net income.
true or false
Homework Answers
| FALSE |
| Profit margin is calculated by dividing net income by net sales |
| Profit margin is the net income earned per dollar of Sales. |
| Profit margin = Net income /Net sales |
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Profit margin is calculated by dividing net sales by net
income.
true or false
The profit margin measures net income per dollar of sales. 1 a. True b. False Ryngard...
The profit margin measures net income per dollar of sales. 1 a. True b. False Ryngard Corp's sales last year were $42,000, and its total assets were $16,000. What was its total assets turnover ratio (TATO)? a. 2.68 - O b. 2.63 O c. 2.31 o d. 3.15 oo e. 2.36 Song Corp's stock price at the end of last year was $16.75 and its earnings per share for the year were $1.30. What was its P/E ratio? O a....
true or false 6. profit margin = net income/ sales 7. debt ratio = long term...
true or false 6. profit margin = net income/ sales 7. debt ratio = long term debt / ( long term debt + equity ) 8. equity investors are satisfied with the performance of a company when the cost of equity is higher than the return on equity, because this shows good risk management 9. in a financial lease, when comparing the PV of leasing and the PV of buying, we ignore maintenance and insurance cost because both the lessee...
QUESTION 10 Power is calculated by dividing current by voltage. O True O False
QUESTION 10 Power is calculated by dividing current by voltage. O True O False
Contribution margin ratio is computed by O A. dividing sales revenue by contribution margin. OB. dividing...
Contribution margin ratio is computed by O A. dividing sales revenue by contribution margin. OB. dividing contribution margin by sales revenue. O c. dividing contribution margin by operating income. OD. dividing operating income by contribution margin.
Answer the following True or False Questions 1 i)Applied overhead is calculated by dividing the actual...
Answer the following True or False Questions 1 i)Applied overhead is calculated by dividing the actual activity level of application base by the predetermined overhead rate. True/False? ii)Overapplied overhead means that not enough overhead cost was charged to products as they were made. True/False? iii)As manufacturing overhead is incurred, it is added to the individual job. True/False?
QUESTION 34 Drake Company's income statement for the most recent year appears below: Sales (26,000 units)...
QUESTION 34 Drake Company's income statement for the most recent year appears below: Sales (26,000 units) $650,000 442,000 208,000 234,000 $(26,000) Contribution margin Net operating loss Drake's unit contribution margin is O 1. $17 O 3. $1 QUESTION 31 Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November Sales (5,700 units Variable expenses. Contribution margin Fixed expense Net operating income $319,200 188,100 131,100 106,500 $24600 If the company sells...
What is the formula to calculate the profit margin? Gross Profit ÷ Sale Net Income ÷...
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)
Martinez Corporation reported Net sales of $775,000 and Net income of $132,000. The Profit margin is:...
Martinez Corporation reported Net sales of $775,000 and Net income of $132,000. The Profit margin is: Multiple Choice 5870%. 5.87%. 82.97% 1.70%. 1703%.
Regarding the profit margin ratio, which of the following statements is incorrect? The higher the profit...
Regarding the profit margin ratio, which of the following statements is incorrect? The higher the profit margin ratio, the more sales dollars end up as profit. The profit margin ratio is computed by dividing net sales by net income. The profit margin ratio shows how much net income a business earns on every $1.00 of sales. The profit margin ratio focuses on the profitability of a company and is often reported in the business.
Martinez Corporation reported Net sales of $766,000 and Net income of $141,000. The Profit margin is!...
Martinez Corporation reported Net sales of $766,000 and Net income of $141,000. The Profit margin is! 25 Multiple Choice хоо 14 31 о бязою. оооо реаѕ оn Ngt »
The profit margin measures net income per dollar of sales. 1 a. True b. False Ryngard Corp's sales last year were $42,000, and its total assets were $16,000. What was its total assets turnover ratio (TATO)? a. 2.68 - O b. 2.63 O c. 2.31 o d. 3.15 oo e. 2.36 Song Corp's stock price at the end of last year was $16.75 and its earnings per share for the year were $1.30. What was its P/E ratio? O a....
QUESTION 10 Power is calculated by dividing current by voltage. O True O False
Contribution margin ratio is computed by O A. dividing sales revenue by contribution margin. OB. dividing contribution margin by sales revenue. O c. dividing contribution margin by operating income. OD. dividing operating income by contribution margin.
QUESTION 34 Drake Company's income statement for the most recent year appears below: Sales (26,000 units) $650,000 442,000 208,000 234,000 $(26,000) Contribution margin Net operating loss Drake's unit contribution margin is O 1. $17 O 3. $1 QUESTION 31 Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November Sales (5,700 units Variable expenses. Contribution margin Fixed expense Net operating income $319,200 188,100 131,100 106,500 $24600 If the company sells...
Martinez Corporation reported Net sales of $775,000 and Net income of $132,000. The Profit margin is: Multiple Choice 5870%. 5.87%. 82.97% 1.70%. 1703%.
Martinez Corporation reported Net sales of $766,000 and Net income of $141,000. The Profit margin is! 25 Multiple Choice хоо 14 31 о бязою. оооо реаѕ оn Ngt »
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