Homework Answers
The correct answer is option D . 15.0%
Net profit margin = (net income ÷ net sales ) *100
($120000÷8,00,000)* 100= 15.0%
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QUESTION 9 Use the following selected financial data to calculate the net profit margin for RQP...
Selected financial statement data for Homer Company are presented below. Net sales Cost of goods sold...
Selected financial statement data for Homer Company are presented below. Net sales Cost of goods sold Interest expense Net income Total assets (ending) Total common stockholders' equity (ending) $1,500,000 700,000 10,000 205,000 900,000 600,000 Total assets at the beginning of the year were $800,000; total common stockholders' equity was $500,000 at the beginning of the period. Calculate asset turnover. (Round answer to 2 decimal placea, e-8. 15.21%.) Asset turnover --/0.75 Question Part Score Compute the profit margin.(Round answer to 1...
Refer to the following selected financial information from Shakley's Incorporated. Compute the company's profit margin for...
Refer to the following selected financial information from Shakley's Incorporated. Compute the company's profit margin for Year 2 Net sales Cost of goods sold Interest expense Net income before tax Net income after tax Total assets Total liabilities Total equity Year 2 Year 1 $ 480,500 $426,650 276,700 250,520 10,100 11,100 67,650 53,080 46,450 40,300 317,900 290,400 179,400 167,700 138,500 122,700 Multiple Choice Next > S Proy 20 d 30
Question 2 of 3 View Policies Current Attempt in Progress Selected financial statement data for Homer...
Question 2 of 3 View Policies Current Attempt in Progress Selected financial statement data for Homer Company are presented below. Net sales Cost of goods sold Interest expense Net income Total assets (ending) Total common stockholders' equity (ending) $1,500,000 700,000 10,000 205,000 900,000 600,000 Total assets at the beginning of the year were $800,000; total common stockholders' equity was $500,000 at the beginning of the period. Calculate asset turnover. (Round answer to 2 decimal placea, e.g. 15.21%) Asset turnover -...
Return on Investment, DuPont Analysis and Financial Leverage The following table presents selected 2016 financial information...
Return on Investment, DuPont Analysis and Financial Leverage The following table presents selected 2016 financial information for Sunder Company Sunder Company Selected 2016 Financial Data Balance Sheet: Average total assets $1,000,000 Average total liabilities 500,000 Average stockholders' equity 500,000 Income Statement Sales revenue $1,000,000 Earnings before interest (net of tax) 20,000 Interest expense (net of tax) 15,000 5,000 Net income Round answers to one decimal place (i.e., 0.0025 = 0.3%). Use negative signs with answers, when appropriate. a. Compute Sunder's...
the dropdown option for the first question: net profit margin OR operating profit margin // debt...
the
dropdown option for the first question: net profit margin OR
operating profit margin // debt ratio OR equity multiplier.
the dropdown option for the second question: shareholder and
dividend management OR use of debt versus equity financing //
management of its revenues and depreciation methods OR control over
its expenses
9. An analysis of company performance using DuPont analysis A sheaf of papers in his hand, your friend and colleague, Jason, steps into your office and asked the following...
Consider the following financial data for J. White Industries: Total assets turnover: 1.5 Gross profit margin...
Consider the following financial data for J. White Industries: Total assets turnover: 1.5 Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 30% Total liabilities-to-assets ratio: 35% Quick ratio: 0.85 Days sales outstanding (based on 365-day year): 36 days Inventory turnover ratio: 6.0 The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet Complete the balance sheet and sales information...
Selected data from the financial statements of Italian Marble Co. and Brazil Stone Products for the...
Selected data from the financial statements of Italian Marble Co. and Brazil Stone Products for the year just ended follow. Assume that for both companies, dividends declared were equal in amount to net earnings during the year, and therefore stockholders' equity did not change. The two companies are in the same line of business. Total liabilities Total assets Sales (all on credit) Average inventory Average receivables Gross profit as a percentage of sales Operating expenses as a percentage of sales...
Using the information below, what is the profit margin for Raynee? (net income/net sales) The following...
Using the information below, what is the profit margin for Raynee? (net income/net sales) The following information pertains to Raynee Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments 50,000 Accounts receivable (net) 39,000 Inventory 23,000 Property, plant, and equipment 308,000 Total assets 420,000 Liability and Stockholders’ Equity Current liabilities 75,000 Long-term liabilities 120,000 Stockholders’ equity – common 225,000 Total Liabilities and Stockholders’ Equity 420,000 Income Statement Sales 145,000 Cost of goods...
Question #1 The following selected data are taken from the financial statements of Chappelle Inc. The...
Question #1 The following selected data are taken from the financial statements of Chappelle Inc. The data are in alphabetical order 52,000 65.00 Shareholders' equity. 310,900 4,000 Instructions Calculate the following ratios: (Hint: Remember: Total Assets Total Liabilities Shareholders equity) (a) Current ratio (b) Profit Margin (c) Basic earnings per share (d) Debt to total assets
Return on Assets Net Sales Gross Profit Margin Cost of Goods Operating Net Profit Before Tax...
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...
Selected financial statement data for Homer Company are presented below. Net sales Cost of goods sold Interest expense Net income Total assets (ending) Total common stockholders' equity (ending) $1,500,000 700,000 10,000 205,000 900,000 600,000 Total assets at the beginning of the year were $800,000; total common stockholders' equity was $500,000 at the beginning of the period. Calculate asset turnover. (Round answer to 2 decimal placea, e-8. 15.21%.) Asset turnover --/0.75 Question Part Score Compute the profit margin.(Round answer to 1...
Refer to the following selected financial information from Shakley's Incorporated. Compute the company's profit margin for Year 2 Net sales Cost of goods sold Interest expense Net income before tax Net income after tax Total assets Total liabilities Total equity Year 2 Year 1 $ 480,500 $426,650 276,700 250,520 10,100 11,100 67,650 53,080 46,450 40,300 317,900 290,400 179,400 167,700 138,500 122,700 Multiple Choice Next > S Proy 20 d 30
Question 2 of 3 View Policies Current Attempt in Progress Selected financial statement data for Homer Company are presented below. Net sales Cost of goods sold Interest expense Net income Total assets (ending) Total common stockholders' equity (ending) $1,500,000 700,000 10,000 205,000 900,000 600,000 Total assets at the beginning of the year were $800,000; total common stockholders' equity was $500,000 at the beginning of the period. Calculate asset turnover. (Round answer to 2 decimal placea, e.g. 15.21%) Asset turnover -...
Return on Investment, DuPont Analysis and Financial Leverage The following table presents selected 2016 financial information for Sunder Company Sunder Company Selected 2016 Financial Data Balance Sheet: Average total assets $1,000,000 Average total liabilities 500,000 Average stockholders' equity 500,000 Income Statement Sales revenue $1,000,000 Earnings before interest (net of tax) 20,000 Interest expense (net of tax) 15,000 5,000 Net income Round answers to one decimal place (i.e., 0.0025 = 0.3%). Use negative signs with answers, when appropriate. a. Compute Sunder's...
the
dropdown option for the first question: net profit margin OR
operating profit margin // debt ratio OR equity multiplier.
the dropdown option for the second question: shareholder and
dividend management OR use of debt versus equity financing //
management of its revenues and depreciation methods OR control over
its expenses
9. An analysis of company performance using DuPont analysis A sheaf of papers in his hand, your friend and colleague, Jason, steps into your office and asked the following...
Consider the following financial data for J. White Industries: Total assets turnover: 1.5 Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 30% Total liabilities-to-assets ratio: 35% Quick ratio: 0.85 Days sales outstanding (based on 365-day year): 36 days Inventory turnover ratio: 6.0 The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet Complete the balance sheet and sales information...
Selected data from the financial statements of Italian Marble Co. and Brazil Stone Products for the year just ended follow. Assume that for both companies, dividends declared were equal in amount to net earnings during the year, and therefore stockholders' equity did not change. The two companies are in the same line of business. Total liabilities Total assets Sales (all on credit) Average inventory Average receivables Gross profit as a percentage of sales Operating expenses as a percentage of sales...
Question #1 The following selected data are taken from the financial statements of Chappelle Inc. The data are in alphabetical order 52,000 65.00 Shareholders' equity. 310,900 4,000 Instructions Calculate the following ratios: (Hint: Remember: Total Assets Total Liabilities Shareholders equity) (a) Current ratio (b) Profit Margin (c) Basic earnings per share (d) Debt to total assets
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...
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