Homework Answers
option D is correct. Interest cost is not included in operating cost. Operating expenses ratio means sales absorbed by operating expenses excluding interest cost
Add Answer to:
QUESTION 9 1. What does the operating expense percentage measure? a. The amount of profit left...
QUESTION 11 1. What does the gross margin measure? a. The percent of sales available to...
QUESTION 11 1. What does the gross margin measure? a. The percent of sales available to pay operating expenses, interest expense and income taxe b. The percent of sales remaining after deducting cost of goods sold and operating expenses c. The percent of sales available after operating expenses to make scheduled debt reductions d. The percent of sales remaining before deducting the cost of goods sold.
Why is operating profits the best indicator of performance? Note: The operating profit amount allows the...
Why is operating profits the best indicator of performance? Note: The operating profit amount allows the analyst to assess the operational performance of the firm apart from financing and investing activities. Select two of the following. Contrast choices and 3 with 2 and 4, which set is correct? Question 23 options: Operating profit includes the sales from its products and services less cost of goods sold and all other operating expenses incurred to sell its products and services Operating profit includes...
Saved points QUESTION 2 Which of the following defines gross profit? a. The amount remaining from...
Saved points QUESTION 2 Which of the following defines gross profit? a. The amount remaining from the sales value after deducting interest expense. b. The amount remaining from the sales value after deducting overhead costs c. The amount remaining from the sales value after deducting the cost of goods sold. d. The amount remaining from the sales value after deducting depreciation and Amortization
can you calculate gross profit, operating profit and net profit? thank you Dr. Zhivago Diagnostics Corp.'s...
can you calculate gross profit, operating profit and net
profit? thank you
Dr. Zhivago Diagnostics Corp.'s income statement for 20X1 is as follows: Sales .. Cost of goods sold Gross profit ................... Selling and administrative expense Operating profit Interest expense Income before taxes ....... Taxes (30%) Income after taxes $2,790,000 1,790,000 $1,000,000 302.000 $ 698,000 54,800 $ 643,200 192,960 $ 450,240
Question 1 1.43 pts Which of the following is an example of an administrative expense? Loss...
Question 1 1.43 pts Which of the following is an example of an administrative expense? Loss from disposing of fixed assets Cost of goods sold Office supplies expense Advertising expense Question 2 1.43 pts Which of the following is an example of a selling expense? Advertising expense Rent expense Cost of goods sold Depreciation of land and building James Bonds Company Income Statement For the Year Ended December 31, 2016 Revenues: Sales $300,000 Interest Income 20.000 Total Revenues $320,000 Expenses:...
What is the correct calculation for the operating expense percentage ratio a. Cost of Goods Sold...
What is the correct calculation for the operating expense percentage ratio a. Cost of Goods Sold / Gross Sales b. Cost of Goods Sold / Net Sales. c. Total Selling, General and Administrative Expenses Gross Sales. d. Total Selling, General and Administrative Expenses Ner Sales
0 Income statement 2016 2015 Sales revenues Less: Cost of goods sold Gross profit Less: Operating...
0 Income statement 2016 2015 Sales revenues Less: Cost of goods sold Gross profit Less: Operating expenses Operating income Less: Interest expense Income before income taxes (amounts in thousands) 2017 211,400 $ 182,910 105,000 96,000 106,400 $ 86,910 53,000 46,000 53.400 $ 40,910 5.385 6,459 48,015 $ 34,451 22.617 16. 160 Print Done i Income statement JJUJ 0,435 LESS. Merest expense Income before income taxes 48,015 $ 22,647 25,368 $ 34,451 16,160 Less: Income tax expense Net income 18,291 Additional...
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...
Sales Revenue $ 200,000 Cost of Goods Sold 106,000 Gross Profit 94,000 Less: Operating Expenses Selling...
Sales Revenue $ 200,000 Cost of Goods Sold 106,000 Gross Profit 94,000 Less: Operating Expenses Selling expense 16,000 General and administrative expense 10,000 Lease expense 1,000 Depreciation expense 10,000 Total Operating Expenses 37,000 Operating Profits 57,000 Interest Expense 6,100 Net Profit before Taxes 50,900 Less: Taxes 4,360 Net Profit After Taxes 46,540 Q. Find the operating cash flow. Please show work on how to get the answers because It will still be wrong without the work shown. Thank you.
Sales Revenues Cost of Goods Sold Gross Profit s 1,000 600 400 Depreciation Expense Other Operating...
Sales Revenues Cost of Goods Sold Gross Profit s 1,000 600 400 Depreciation Expense Other Operating Expenses S 100 50 Total Operating Expenses Earnings Before Interest& Taxes (EBIT) Interest Expense Eamings Before Taxes Income Tax Expense Net Income 150 250 50 200 100 S 100 Beginning Owner's Equity Net Income Dividends Ending Owner's Equity s 2,950 100 50 S 3,000 Cash Receivables Inventory s 1,000 100 900 Current Assets Long-Term Assets Total Assets s 2,000 7,000 S 9,000 Current Liabilities...
QUESTION 11 1. What does the gross margin measure? a. The percent of sales available to pay operating expenses, interest expense and income taxe b. The percent of sales remaining after deducting cost of goods sold and operating expenses c. The percent of sales available after operating expenses to make scheduled debt reductions d. The percent of sales remaining before deducting the cost of goods sold.
Saved points QUESTION 2 Which of the following defines gross profit? a. The amount remaining from the sales value after deducting interest expense. b. The amount remaining from the sales value after deducting overhead costs c. The amount remaining from the sales value after deducting the cost of goods sold. d. The amount remaining from the sales value after deducting depreciation and Amortization
can you calculate gross profit, operating profit and net
profit? thank you
Dr. Zhivago Diagnostics Corp.'s income statement for 20X1 is as follows: Sales .. Cost of goods sold Gross profit ................... Selling and administrative expense Operating profit Interest expense Income before taxes ....... Taxes (30%) Income after taxes $2,790,000 1,790,000 $1,000,000 302.000 $ 698,000 54,800 $ 643,200 192,960 $ 450,240
Question 1 1.43 pts Which of the following is an example of an administrative expense? Loss from disposing of fixed assets Cost of goods sold Office supplies expense Advertising expense Question 2 1.43 pts Which of the following is an example of a selling expense? Advertising expense Rent expense Cost of goods sold Depreciation of land and building James Bonds Company Income Statement For the Year Ended December 31, 2016 Revenues: Sales $300,000 Interest Income 20.000 Total Revenues $320,000 Expenses:...
What is the correct calculation for the operating expense percentage ratio a. Cost of Goods Sold / Gross Sales b. Cost of Goods Sold / Net Sales. c. Total Selling, General and Administrative Expenses Gross Sales. d. Total Selling, General and Administrative Expenses Ner Sales
0 Income statement 2016 2015 Sales revenues Less: Cost of goods sold Gross profit Less: Operating expenses Operating income Less: Interest expense Income before income taxes (amounts in thousands) 2017 211,400 $ 182,910 105,000 96,000 106,400 $ 86,910 53,000 46,000 53.400 $ 40,910 5.385 6,459 48,015 $ 34,451 22.617 16. 160 Print Done i Income statement JJUJ 0,435 LESS. Merest expense Income before income taxes 48,015 $ 22,647 25,368 $ 34,451 16,160 Less: Income tax expense Net income 18,291 Additional...
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...
Sales Revenues Cost of Goods Sold Gross Profit s 1,000 600 400 Depreciation Expense Other Operating Expenses S 100 50 Total Operating Expenses Earnings Before Interest& Taxes (EBIT) Interest Expense Eamings Before Taxes Income Tax Expense Net Income 150 250 50 200 100 S 100 Beginning Owner's Equity Net Income Dividends Ending Owner's Equity s 2,950 100 50 S 3,000 Cash Receivables Inventory s 1,000 100 900 Current Assets Long-Term Assets Total Assets s 2,000 7,000 S 9,000 Current Liabilities...
Most questions answered within 3 hours.
-
Computer Programming II CS141(Java)
Mention the appropriate relationship between following
classes:
HOD–StaffMember
Car–Ferrari
Student-Address
BankAccount–FixedAccount
House-Building...
asked 2 hours ago -
Assume one of your finals has 50 questions on it, and
lucky for you, it's all...
asked 3 hours ago -
Rice Products in Bangladesh
Business behavior is derived in large part from the basic cultural
environment...
asked 4 hours ago -
The following base sequence is found for a mRNA fragment from
wild-type E. coli: 5'- UAUCAGUAGAUAAUGUAACC-3'...
asked 5 hours ago -
For this exercise, round all regression parameters to three
decimal places.
One of the two tables...
asked 5 hours ago -
What is the 5% level of significance for mean = 3.60, standard
deviation = 0.94, and...
asked 5 hours ago -
Prior to beginning work on this discussion, please read the
article by Hayley Peterson, 15 Companies...
asked 6 hours ago -
Which pair of aqueous solutions, when mixed, will form a
precipitate?
A) NaNO3 and AgC2H3O2
B)...
asked 6 hours ago -
1-Write an algorithm to get two numbers from the user (as
inputs) and calculate the sum...
asked 9 hours ago -
Define white-collar crime. What is the difference between
offender and offense-based definitions of white-collar crime? What...
asked 10 hours ago -
Consider a reaction which is 1st order with respect to A and 1st
order with respect...
asked 10 hours ago -
c++
The length of the hypotenuse of a right-angled triangle is the
square root of the...
asked 10 hours ago