Homework Answers
Operating Profit Margin
Operating Profit Margin = (Operating Profit / Net Revenue) x 100
= ($90,000,000 / $580,000,000) x 100
= 15.52%
Earnings Per Share (EPS)
Earnings Per Share (EPS) = Net Income / Number of common shares outstanding
= $52,500,000 / 20,000,000 Common Shares Outstanding
= $2.63 per share
“Therefore, the Company’s Operating Profit Margin & EPS are 15.52% and $2.63”
Add Answer to:
< Previous Question 17 Assume a company's Income Statement for Year 12 is as follows: Year...
Question Assume a company's Income Statement for Year 12 is as follows: Question Year 12 (in...
Question Assume a company's Income Statement for Year 12 is as follows: Question Year 12 (in 000s) Question Income Statement Data Question Net Revenues from Footwear Sales Cost of Pairs Sold Warehouse Expenses Marketing Expenses Administrative Expenses Operating Profit (Loss) Interest Income (Expense) Pre-tax Profit (Loss) Income Taxes Net Profit (Loss) $580,000 370,000 40,000 75,000 15,000 90,000 (15,000) 75,000 22,500 S52,500 Question Question Question Question Question& Question 9 Question 1 Question 1 Question 1 Question 1 Question 1 Based on...
Question 15 Previous Next> Assume a company's Income Statement for Year 12 is as follows Year...
Question 15 Previous Next> Assume a company's Income Statement for Year 12 is as follows Year 12 in 000s Income Statement Data Net Revenues from Footwear Sales Cost of Pairs Sold Warehouse Expenses Marketing Expenses Administrative Expenses Operating Profit (Loss) Interest Income (Expense) Pre-tax Profit (Loss) Income Taxes Net Profit (Loss $530,000 340,000 40,000 80,000 15,000 55,000 (10,000) 45,000 13,500 S 31,500 Based on the above income statement data and assuming the company has 20 million shares of common stock...
tory Bookmarks Window Help bag-online.com USC Corporate Lobby Simulation nuiz 2 Questi Year 12 (in 000s)...
tory Bookmarks Window Help bag-online.com USC Corporate Lobby Simulation nuiz 2 Questi Year 12 (in 000s) Income Statement Data Net Revenues from Footwear Sales Cost of Pairs Sold Warehouse Expenses Marketing Expenses Administrative Expenses Operating Profit (Loss) Interest Income (Expense) Pre-tax Profit (Loss) Income Taxes Net Profit (Loss) $ 580,000 350.000 45,000 90,000 15.000 80,000 (20,000) 60,000 18,000 $ 42,000 Based on the above income statement data and assuming the company has 20 million shares of common stock outstanding, the...
Assume a company's Income Statement for Year 12 is as follows: Income Statement Data Net Revenues...
Assume a company's Income Statement for Year 12 is as follows: Income Statement Data Net Revenues from Footwear Sales Cost of Pairs Sold Warehouse Expenses Marketing Expenses Administrative Expenses Operating Profit (Loss) Interest Income (Expense) Pre-tax Profit (Loss) Income Taxes Net Profit (Loss) Yea. 12 (in 000s) $ 580,000 350,000 45,000 90,000 15,000 80,000 (20,000) 60,000 18,000 $ 42,000 Based on the above income statement data and assuming the company has 20 million shares of common stock outstanding, the company's...
Assume a company's Income Statement for Year 12 is as follows: Year 12 in 000s Income...
Assume a company's Income Statement for Year 12 is as follows: Year 12 in 000s Income Statement Data Net Revenues from Footwear Sales Cost of Pairs Sold Warehouse Expenses Marketing Expenses Administrative Expenses Operating Profit (Loss) Interest Income (expenses) Pre-tax Profit (Loss) Income laxes Net Profit (Loss $300,000 190,000 15,000 40,000 8,000 47,000 (10,000) 37,000 11,100 $25,900 Based on the above data, which of the following statements is false? Interest expenses are 3.3% of net revenues. Warehouse expenses are 5.0%...
Question 2 < Previous Next > The benefits of pursuing a strategy of social responsibility and...
Question 2 < Previous Next > The benefits of pursuing a strategy of social responsibility and corporate citizenship include o the enhanced profitability that results when a company opts to spend money on socially responsible activities. o the positive impact that such a strategy can have on the company's image rating if the company spends a meaningful amount on socially responsible activities over a multi-year period. O the positive impact that such a strategy has on the company's S/Q rating...
Given the following Year 12 balance sheet data for a footwear company: Balance Sheet Data Cash...
Given the following Year 12 balance sheet data for a footwear company: Balance Sheet Data Cash on Hand Total Current Assets Total Fixed Assets Total Assets Accounts Payable Overdraft Loan Payable 1-Year Bank Loan Payable Current Portion of Long-Term Bank Loans Total Current Liabilities Long-Term Bank Loans Outstanding Total Liabilities Year 11 Year 12 Shareholder Equity: Balance Change Common Stock 20,000 Additional Capital 120,000 0 Retained Earnings 60,000 20,000 Total Shareholder Equity 200,000 +20,000 Total Liabilities and Shareholder Equity $...
Wiley Company's income statement for Year 2 follows: Sales Cost of goods sold Gross margin Selling...
Wiley Company's income statement for Year 2 follows: Sales Cost of goods sold Gross margin Selling and administrative expenses Income before taxes Income taxes Net income $ 2,450 1,400 1,050 400 650 260 $ 390 The company's selling and administrative expense for Year 2 includes $76 of depreciation expense. Selected balance sheet accounts for Wiley at the end of Years 1 and 2 are as follows: Year 2 Year 1 $215 $164 $ 39 $ 235 $194 $ 22 Current...
please answer A, B, and C Tanner Company's most recent contribution margin income statement is presented...
please answer A, B, and C
Tanner Company's most recent contribution margin income statement is presented below: Sales Variable expenses Contribution margin Fixed expenses Net operating loss $75,000 45,000 30,000 36,000 ($6,000) The company sells its only product for $15 per unit. Required: a. Compute the company's break-even point inin units sold. b. How many units would have to be sold to earn a target profit of $9,000? C. The sales manager is convinced that a $6,000 increase in adverstising...
Wiley Company's income statement for Year 2 follows: Sales Cost of goods sold Gross margin Selling...
Wiley Company's income statement for Year 2 follows: Sales Cost of goods sold Gross margin Selling and administrative expenses Income before taxes Income taxes Net income $ 150,000 90,000 60,000 40,000 20,000 8,000 $ 12,000 The company's selling and administrative expense for Year 2 includes $7,500 of depreciation expense. Selected balance sheet accounts for Wiley at the end of Years 1 and 2 are as follows: Year i $30,000 $45,000 $ 6,000 Year 2 Current Assets Accounts receivable $ 40,000...
Question Assume a company's Income Statement for Year 12 is as follows: Question Year 12 (in 000s) Question Income Statement Data Question Net Revenues from Footwear Sales Cost of Pairs Sold Warehouse Expenses Marketing Expenses Administrative Expenses Operating Profit (Loss) Interest Income (Expense) Pre-tax Profit (Loss) Income Taxes Net Profit (Loss) $580,000 370,000 40,000 75,000 15,000 90,000 (15,000) 75,000 22,500 S52,500 Question Question Question Question Question& Question 9 Question 1 Question 1 Question 1 Question 1 Question 1 Based on...
Question 15 Previous Next> Assume a company's Income Statement for Year 12 is as follows Year 12 in 000s Income Statement Data Net Revenues from Footwear Sales Cost of Pairs Sold Warehouse Expenses Marketing Expenses Administrative Expenses Operating Profit (Loss) Interest Income (Expense) Pre-tax Profit (Loss) Income Taxes Net Profit (Loss $530,000 340,000 40,000 80,000 15,000 55,000 (10,000) 45,000 13,500 S 31,500 Based on the above income statement data and assuming the company has 20 million shares of common stock...
tory Bookmarks Window Help bag-online.com USC Corporate Lobby Simulation nuiz 2 Questi Year 12 (in 000s) Income Statement Data Net Revenues from Footwear Sales Cost of Pairs Sold Warehouse Expenses Marketing Expenses Administrative Expenses Operating Profit (Loss) Interest Income (Expense) Pre-tax Profit (Loss) Income Taxes Net Profit (Loss) $ 580,000 350.000 45,000 90,000 15.000 80,000 (20,000) 60,000 18,000 $ 42,000 Based on the above income statement data and assuming the company has 20 million shares of common stock outstanding, the...
Assume a company's Income Statement for Year 12 is as follows: Income Statement Data Net Revenues from Footwear Sales Cost of Pairs Sold Warehouse Expenses Marketing Expenses Administrative Expenses Operating Profit (Loss) Interest Income (Expense) Pre-tax Profit (Loss) Income Taxes Net Profit (Loss) Yea. 12 (in 000s) $ 580,000 350,000 45,000 90,000 15,000 80,000 (20,000) 60,000 18,000 $ 42,000 Based on the above income statement data and assuming the company has 20 million shares of common stock outstanding, the company's...
Assume a company's Income Statement for Year 12 is as follows: Year 12 in 000s Income Statement Data Net Revenues from Footwear Sales Cost of Pairs Sold Warehouse Expenses Marketing Expenses Administrative Expenses Operating Profit (Loss) Interest Income (expenses) Pre-tax Profit (Loss) Income laxes Net Profit (Loss $300,000 190,000 15,000 40,000 8,000 47,000 (10,000) 37,000 11,100 $25,900 Based on the above data, which of the following statements is false? Interest expenses are 3.3% of net revenues. Warehouse expenses are 5.0%...
Question 2 < Previous Next > The benefits of pursuing a strategy of social responsibility and corporate citizenship include o the enhanced profitability that results when a company opts to spend money on socially responsible activities. o the positive impact that such a strategy can have on the company's image rating if the company spends a meaningful amount on socially responsible activities over a multi-year period. O the positive impact that such a strategy has on the company's S/Q rating...
Given the following Year 12 balance sheet data for a footwear company: Balance Sheet Data Cash on Hand Total Current Assets Total Fixed Assets Total Assets Accounts Payable Overdraft Loan Payable 1-Year Bank Loan Payable Current Portion of Long-Term Bank Loans Total Current Liabilities Long-Term Bank Loans Outstanding Total Liabilities Year 11 Year 12 Shareholder Equity: Balance Change Common Stock 20,000 Additional Capital 120,000 0 Retained Earnings 60,000 20,000 Total Shareholder Equity 200,000 +20,000 Total Liabilities and Shareholder Equity $...
Wiley Company's income statement for Year 2 follows: Sales Cost of goods sold Gross margin Selling and administrative expenses Income before taxes Income taxes Net income $ 2,450 1,400 1,050 400 650 260 $ 390 The company's selling and administrative expense for Year 2 includes $76 of depreciation expense. Selected balance sheet accounts for Wiley at the end of Years 1 and 2 are as follows: Year 2 Year 1 $215 $164 $ 39 $ 235 $194 $ 22 Current...
please answer A, B, and C
Tanner Company's most recent contribution margin income statement is presented below: Sales Variable expenses Contribution margin Fixed expenses Net operating loss $75,000 45,000 30,000 36,000 ($6,000) The company sells its only product for $15 per unit. Required: a. Compute the company's break-even point inin units sold. b. How many units would have to be sold to earn a target profit of $9,000? C. The sales manager is convinced that a $6,000 increase in adverstising...
Wiley Company's income statement for Year 2 follows: Sales Cost of goods sold Gross margin Selling and administrative expenses Income before taxes Income taxes Net income $ 150,000 90,000 60,000 40,000 20,000 8,000 $ 12,000 The company's selling and administrative expense for Year 2 includes $7,500 of depreciation expense. Selected balance sheet accounts for Wiley at the end of Years 1 and 2 are as follows: Year i $30,000 $45,000 $ 6,000 Year 2 Current Assets Accounts receivable $ 40,000...
Most questions answered within 3 hours.
-
You are attempting to calculate a firm’s free cash flow to
equity. You know the following...
asked 32 minutes ago -
the following reaction occurs in a balloon containing
N2O2 gas
N2O4(g)=2NO2(g)
will the volume of the...
asked 1 hour ago -
answer the questions throughout this program
public class Day implements Comparable {
Private Boolean atWork;...
asked 1 hour ago -
This is C++ code for parking fee management program
#include <iostream>
#include <iomanip>
using namespace std;...
asked 1 hour ago -
The free energy change for the following reaction at 25 °C, when
[Sn2+] = 1.17 M...
asked 3 hours ago -
An MNE is this kind of industry when competition in one country
is essentially independent of...
asked 4 hours ago -
. For this set of questions, determine what
proportion of a normal distribution is located betweeneach...
asked 5 hours ago -
A college student is employed as a door-to-door newspaper
salesman. Historical data suggests that the student...
asked 6 hours ago -
MATLAB HW 11 problem using Switch Case and Input commands
Write a script file that calculates...
asked 5 hours ago -
Considering gravitational time dilation, calculate the time that
passes in Earth’s surface while 1 hour passes...
asked 6 hours ago -
Minitab Problem: Take the Lake Hume June rainfall data and find
use the processes outlined in...
asked 7 hours ago -
X Company is trying to decide whether to continue using old
equipment to make Product A...
asked 7 hours ago