During the latest year, XYZ Corporation has total sales of $300,000, net income of 20,000, and its year-end total a...

Question

Question

During the latest year, XYZ Corporation has total sales of $300,000, net income of 20,000, and its year-end total assets were

business finance

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Profit margin=Net income/Total sales

=20,000/300,000

which is equal to

=6.67%(Approx).

Add a comment

Answer 2

Similar Homework Help Questions

Question 13 (0.2 points) During the latest year, XYZ Corporation has total sales of $300,000, net...

Question 13 (0.2 points) During the latest year, XYZ Corporation has total sales of $300,000, net income of 20,000, and its year-end total as sets were $500,000. The firm's total debt to total assets ratio was 50% What is firm's profit margin as a percentage? Enter your answers as a percentage rounded to 2 decimal places. For example, enter 8.43 (% ) instead of 0.0 843. Your Answer: Answer
During the latest year, XYZ Corporation has total sales of $300,000, net income of 20,000, and...

During the latest year, XYZ Corporation has total sales of $300,000, net income of 20,000, and its year-end total assets were $190,000. The firm's total debt to total assets ratio was 30 %. What is firm's total assets turnover ratio? Enter your answer as a number rounded to 2 decimal places; example 1.12. Your Answer: Answer Hide hint for Question 11 total assets turnover=sales/total assets
Question 7 (1 point) During the latest year, XYZ Corporation has total sales of $300,000, net...

Question 7 (1 point) During the latest year, XYZ Corporation has total sales of $300,000, net income of 10,000, and its year-end total assets were $240,000. The firm's total debt to total assets ratio was 40 %. What is firm's return on assets (ROA)? (Enter your answers as a percentage rounded to 2 decimal places. For example, enter 8.43 (% ) instead of 0.0843. Your Answer: Answer Question 8 (1 point) Which of the following rules apply to the financial...

Question 7 (1 point) During the latest year, Sky Inc. had total sales of $400,000, net income of 25,000, and its ye...

Question 7 (1 point) During the latest year, Sky Inc. had total sales of $400,000, net income of 25,000, and its year-end total assets were $300,000. The firm's total debt to total assets ratio was 0.30, You can assume total debt is the same as total liabilities What is firm's return on equity (ROE)? Enter your answer as a percentage rounded to 2 decimal places. For example, enter 8.43 (9% ) instead of 0.0843. Your Answer:
Answer Question 17 (1 point) During the latest year, XYZ Corporation has total sales of $200,000,...

Answer Question 17 (1 point) During the latest year, XYZ Corporation has total sales of $200,000, net income of 20,000, and its year end total assets were $200,000. The firm's total debt to total assets ratio was 30%, what is firm's return on assets (ROA)? (Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead of8.43%) Your Answer: Answer Question 18 (1 point) $600 S150 $61 Earnings before interest and taxes...
Question 12 (0.2 points) During the latest year, Sky Inc had total sales of $500,000, net...

Question 12 (0.2 points) During the latest year, Sky Inc had total sales of $500,000, net income of 30,000, and its year-end total assets were $260,000. The firm's total debt to total assets ratio was 0.38. You can assume total debt is the same as total liabilities. What is firm's return on equity (ROE)? Enter your answer as a percentage rounded to 2 decimal places. For example, enter 8.43 %) instead of 0.0843. Your Answer: Answer

During that latest year, XYZ Corporation has total sales of $400,000, net income of 20,000, and...

During that latest year, XYZ Corporation has total sales of $400,000, net income of 20,000, and its year-end total assets were $230,000. The firm's total debt to total assets ratio was 40%. What is firm's return on assets (ROA)? (Please show all steps used to get the answer)
During the latest year, XYZ Corporation has total sales of $500,000, net income of 30,000, and...

During the latest year, XYZ Corporation has total sales of $500,000, net income of 30,000, and its year-end total assets were $250,000. The firm's total debt to total assets ratio was 50%. What is firm's return on equity (ROE)? (Please show all steps used to get the answer)
During the latest year. XYZ Corporation has total sales of $400,000

Question 23During the latest year. XYZ Corporation has total sales of $400,000. net income of 10000, and its year end total sales were S 500 000. The firm's total debt to total assets ratio was 30%, what is firm's profit margin?Question 24If a company's ROA is 9% and its total long-term debt to total assets ratio is 40%, what is its ROE (return on. equity)?

6-during the latest year, xyz corporation has total sales of 200,000, net income of 10000 and...

6-during the latest year, xyz corporation has total sales of 200,000, net income of 10000 and its year-end total assets were 250,000, the firm's total debt to total assets ratio was 30%, what is firm's total assets turnover?

During the latest year, XYZ Corporation has total sales of $300,000, net income of 20,000, and its year-end total a...

Homework Answers

Add Answer to:
During the latest year, XYZ Corporation has total sales of $300,000, net income of 20,000, and its year-end total a...

Post as a guest

Earn Coins

Question 13 (0.2 points) During the latest year, XYZ Corporation has total sales of $300,000, net...

During the latest year, XYZ Corporation has total sales of $300,000, net income of 20,000, and...

Question 7 (1 point) During the latest year, XYZ Corporation has total sales of $300,000, net...

Question 7 (1 point) During the latest year, Sky Inc. had total sales of $400,000, net income of 25,000, and its ye...

Answer Question 17 (1 point) During the latest year, XYZ Corporation has total sales of $200,000,...

Question 12 (0.2 points) During the latest year, Sky Inc had total sales of $500,000, net...

During that latest year, XYZ Corporation has total sales of $400,000, net income of 20,000, and...

During the latest year, XYZ Corporation has total sales of $500,000, net income of 30,000, and...

During the latest year. XYZ Corporation has total sales of $400,000

6-during the latest year, xyz corporation has total sales of 200,000, net income of 10000 and...

During the latest year, XYZ Corporation has total sales of $300,000, net income of 20,000, and its year-end total a...

Homework Answers

Add Answer to: During the latest year, XYZ Corporation has total sales of $300,000, net income of 20,000, and its year-end total a...

Post as a guest

Earn Coins

Add Answer to:
During the latest year, XYZ Corporation has total sales of $300,000, net income of 20,000, and its year-end total a...