Szidon Company reports the following data: Szidon Key Competitor Net income $1,000,000 $500,000 Net income divided...

Question

Question

Szidon Company reports the following data: Szidon Key Competitor Net income $1,000,000 $500,000 Net income divided...

Szidon Company reports the following data:

	Szidon	Key Competitor
Net income	$1,000,000	$500,000
Net income divided by net sales	2.72.7%	7.57.5%

Using benchmarking, what can be said about Szidon Company?

business accounting

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Szidon is inferior to the key competitor because the key competitor's net income percentage is higher.

Add a comment

Answer 2

Similar Homework Help Questions

1.Zebra Company reports the following figures for the years ending December 31, 2019 and 2018: 　 2019...

1.Zebra Company reports the following figures for the years ending December 31, 2019 and 2018: 　 2019 2018 Net Sales $65,000 $40,000 Cost of Goods Sold 42,000 31,000 Gross Profit $23,000 $9,000 What are the percentage changes from 2018 to 2019 for Net Sales, Cost of Goods Sold and Gross Profit, respectively? (Round your final answers to one decimal place, X.X%) A. 100%, 155.6%, 35.5% B. 62.5%, 35.5%, 155.6% C. 100%, 0.7%, 0.4% D. 155.6%, 62.5%, 35.5% 2. Szidon Company reports...
Tube Company has $1,200,000 in assets and $500,000 of debt. It reports net income of $150,000....

Tube Company has $1,200,000 in assets and $500,000 of debt. It reports net income of $150,000. a. What is the return on the assets? b. What is the return on stockholders' equity? c. If the firm has an asset turnover ratio of 3 times, what is the profit margin (return on sales)?
Zuppa corporation reported the following annual data: Sales: $1,000,000 Operating income: $200,000 Common Stock: $500,000 Assets:...

Zuppa corporation reported the following annual data: Sales: $1,000,000 Operating income: $200,000 Common Stock: $500,000 Assets: $1,000,000 What is the return on investment?

For the year that just ended, a company reports net income of $1,500,000. There are 500,000...

For the year that just ended, a company reports net income of $1,500,000. There are 500,000 shares authorized, 300,000 shares issued, and 250,000 shares of common stock outstanding. What is the earnings per share? a. $5.00 b. $6.00 c. $2.50 d. $3.00
Company A, reports net sales of $2,200,000, cost of goods sold of $1,000,000, and income tax...

Company A, reports net sales of $2,200,000, cost of goods sold of $1,000,000, and income tax expense of $130,000 for the year ended December 31, Year 2. Selected balance sheet accounts are as follows: Company A Selected Balance Sheet Data December 31 Year 2 Year 1 Increase (I) or Decrease (D) Cash $ 140,000 $ 175,000 $ 35,000 (D) Accounts receivable 265,000 220,000 45,000 (I) Inventory 115,000 145,000 30,000 (D) Accounts payable 110,000 117,000 7,000 (D) Income tax payable 15,000...
Common Stockholders' Profitability Analysis A company reports the following: Net income $1,000,000 Preferred dividends 50,000 6,250,000...

Common Stockholders' Profitability Analysis A company reports the following: Net income $1,000,000 Preferred dividends 50,000 6,250,000 Average stockholders' equity Average common stockholders' equity 3,800,000 Determine (a) the return on stockholders' equity and (b) the return on common stockholders' equity. (Round percentages to one decimal place.) a. Return on stockholders' equity b. Return on common stockholders' equity Earnings per Share and Price Earnings Ratio A company reports the following: Net income $410,000 Preferred dividends $60,000 Shares of common stock outstanding 50,000...

1) Company Y reported pretax income of $1,000,000, taxes of $400,000 and net income of $600,000....

1) Company Y reported pretax income of $1,000,000, taxes of $400,000 and net income of $600,000. Pretax income included an unusual gain of $60,000 and an unusual expense of $140,000. The normalized tax rate is 40%. Calculate recurring NICO. 2)Yahoo reports that Company X had net income of $400,000 in 2015 including a $300,000 loss from discontinued operations, a $50,000 gain from the settlement of a law suit and an unusual expense of $200,000. The company reported pretax income of...
6 Fixed costs Variable costs as a % of sales Desired net income 200,000 20% 500,000 Compute: Break even in $$ Required...

6 Fixed costs Variable costs as a % of sales Desired net income 200,000 20% 500,000 Compute: Break even in $$ Required sales in $$ to earn desired net income 7 Fixed costs Variable costs as a % of sales Current net income Desired net income 300,000 20% 500,000 1,000,000 Compute: Break even in $$ Current sales in $$ Required sales in $$ to earn desired net income
A Parent Company owns 100% of its Subsidiary. During 2013, the Parent company reports net income...

A Parent Company owns 100% of its Subsidiary. During 2013, the Parent company reports net income of $1,000,000 and the subsidiary reports net income of $400,000. The Parent had a bond payable outstanding on July 1, 2012, with a carry value equal to $840,000. The Subsidiary acquired the bond on July 1, 2012 for $790,000. During 2013, the Parent reported interest expense (related to the bond) of $70,000 while the Subsidiary reported interest income (related to the bond) of $64,000....

A company has net sales of $750,000, cost of goods sold is $500,000, net income is $20,000. What are the company’s gross...

A company has net sales of $750,000, cost of goods sold is $500,000, net income is $20,000. What are the company’s gross margin expense and operating expense?

Szidon Company reports the following data: Szidon Key Competitor Net income $1,000,000 $500,000 Net income divided...

Homework Answers

Add Answer to:
Szidon Company reports the following data: Szidon Key Competitor Net income $1,000,000 $500,000 Net income divided...

Post as a guest

Earn Coins

1.Zebra Company reports the following figures for the years ending December 31, 2019 and 2018: 　 2019...

Tube Company has $1,200,000 in assets and $500,000 of debt. It reports net income of $150,000....

Zuppa corporation reported the following annual data: Sales: $1,000,000 Operating income: $200,000 Common Stock: $500,000 Assets:...

For the year that just ended, a company reports net income of $1,500,000. There are 500,000...

Company A, reports net sales of $2,200,000, cost of goods sold of $1,000,000, and income tax...

Common Stockholders' Profitability Analysis A company reports the following: Net income $1,000,000 Preferred dividends 50,000 6,250,000...

1) Company Y reported pretax income of $1,000,000, taxes of $400,000 and net income of $600,000....

6 Fixed costs Variable costs as a % of sales Desired net income 200,000 20% 500,000 Compute: Break even in $$ Required...

A Parent Company owns 100% of its Subsidiary. During 2013, the Parent company reports net income...

A company has net sales of $750,000, cost of goods sold is $500,000, net income is $20,000. What are the company’s gross...

Szidon Company reports the following​ data: Szidon Key Competitor Net income ​$1,000,000 ​$500,000 Net income divided...

Homework Answers