Homework Answers
| Carrier | Lennox | Trane | York | |
| Net sales | 125000 | 526500 | 33000 | 250000 |
| Gross profit | 45250 | 196911 | 8547 | 123500 |
| Gross margin ratio | 36.2% | 37.4% | 25.9% | 49.4% |
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Saved Help Save & E QS 4-15 Computing and analyzing gross margin ratio LO A2 Salo...
Compute net sales, gross profit, and the gross margin ratio for each of the four separate...
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
QS 4-14 Computing and analyzing gross margin ratio LO A2 $162,000 $790,000 $50,000 $269,000 Sales Sales...
QS 4-14 Computing and analyzing gross margin ratio LO A2 $162,000 $790,000 $50,000 $269,000 Sales Sales discounts Sales returns and allowances Cost of goods sold 4,600 1,400 91,516 473,388 34,111 130,448 5,000 18,000 600 20,000 6,000 5,100 Compute net sales, gross profit, and the gross margin ratio for each separate case a through d. (Round your gross margin ratio to 1 decimal place; i.е.; 0.2367 should be entered as 23.7%.) Net sales Gross profit Gross margin ratio
Sales Sales discounts Sales returns and allowances Cost of goods sold Carrier Lennox Trane York $...
Sales Sales discounts Sales returns and allowances Cost of goods sold Carrier Lennox Trane York $ 161,000 $ 770,000 $ 49,000 $ 268,000 4,000 17,500 600 4,589 19,800 6,000 5,000 1,500 92,322 471,788 33,418 138,476 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
Sales Sales discounts Sales returns and allowances Cost of goods sold Carrier Lennox Trane York $167,000...
Sales Sales discounts Sales returns and allowances Cost of goods sold Carrier Lennox Trane York $167,000 $890,000 $ 55,000 $274,000 3,000 20,500 600 5,100 19,000 6,000 5,600 1,400 96,135 542,278 38,064 130,005 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
QS 5-14 Computing and analyzing gross margin ratio LO A2 Sales Sales discounts Sales returns and allowances Cost of...
QS 5-14 Computing and analyzing gross margin ratio LO A2 Sales Sales discounts Sales returns and allowances Cost of goods sold $169,000 4,000 15,000 99,150 $930,000 21,500 6,000 557,745 $57,000 600 5,800 38,962 d $276,000 5,300 2,200 129,417 Compute net sales, gross profit, and the gross margin ratio for each separate case a through d. (Round your gross margin ratio to 1 decimal place; I.e.; 0.2367 should be entered as 23.7%.) (b) Net sales Gross profit Gross margin ratio
show work Sales Sales discounts Sales returns and allowances Cost of goods sold Carrier Lennox Trane...
show work
Sales Sales discounts Sales returns and allowances Cost of goods sold Carrier Lennox Trane York $157,000 $ 690,000 $ 45,000 S 264,000 4,000 15,500 600 3,900 15,000 6,000 4,600 600 92,874 426,503 30,646 131,307 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%.) York Carrier Lennox 138,000 $ 668,500 $ Trane 39,800 $ $...
mework Saved Tableau DA 4-2: Exercise, Analyzing credit terms and computing gross profit LO C1, P1...
mework Saved Tableau DA 4-2: Exercise, Analyzing credit terms and computing gross profit LO C1, P1 As owner of Telo, a startup business, you are struggling to generate enough gross profit to compete with Creft and Wozz. Also, your business frequently runs low on cash. To help determine how to fix these issues, you review the following Tableau Dashboard. Sales and Costs for Competing Companies Telo Creft Wozz $100,000 $80,000 $60,000 $40,000 $20,000 $0 Sales Sales discounts Sales Sales returns...
QS 4-14 Computing and analyzing gross margin ratio LO A2 $162,000 $790,000 $50,000 $269,000 Sales Sales discounts Sales returns and allowances Cost of goods sold 4,600 1,400 91,516 473,388 34,111 130,448 5,000 18,000 600 20,000 6,000 5,100 Compute net sales, gross profit, and the gross margin ratio for each separate case a through d. (Round your gross margin ratio to 1 decimal place; i.е.; 0.2367 should be entered as 23.7%.) Net sales Gross profit Gross margin ratio
Sales Sales discounts Sales returns and allowances Cost of goods sold Carrier Lennox Trane York $ 161,000 $ 770,000 $ 49,000 $ 268,000 4,000 17,500 600 4,589 19,800 6,000 5,000 1,500 92,322 471,788 33,418 138,476 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
Sales Sales discounts Sales returns and allowances Cost of goods sold Carrier Lennox Trane York $167,000 $890,000 $ 55,000 $274,000 3,000 20,500 600 5,100 19,000 6,000 5,600 1,400 96,135 542,278 38,064 130,005 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
QS 5-14 Computing and analyzing gross margin ratio LO A2 Sales Sales discounts Sales returns and allowances Cost of goods sold $169,000 4,000 15,000 99,150 $930,000 21,500 6,000 557,745 $57,000 600 5,800 38,962 d $276,000 5,300 2,200 129,417 Compute net sales, gross profit, and the gross margin ratio for each separate case a through d. (Round your gross margin ratio to 1 decimal place; I.e.; 0.2367 should be entered as 23.7%.) (b) Net sales Gross profit Gross margin ratio
show work
Sales Sales discounts Sales returns and allowances Cost of goods sold Carrier Lennox Trane York $157,000 $ 690,000 $ 45,000 S 264,000 4,000 15,500 600 3,900 15,000 6,000 4,600 600 92,874 426,503 30,646 131,307 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%.) York Carrier Lennox 138,000 $ 668,500 $ Trane 39,800 $ $...
mework Saved Tableau DA 4-2: Exercise, Analyzing credit terms and computing gross profit LO C1, P1 As owner of Telo, a startup business, you are struggling to generate enough gross profit to compete with Creft and Wozz. Also, your business frequently runs low on cash. To help determine how to fix these issues, you review the following Tableau Dashboard. Sales and Costs for Competing Companies Telo Creft Wozz $100,000 $80,000 $60,000 $40,000 $20,000 $0 Sales Sales discounts Sales Sales returns...
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