10. Royal Corp's sales last year were $560.000, and its net income was $46,000. What was its profit margin? *

Q: A firm has an ROA of 7.4%, sales of $80, and total assets of $100. What is its profit margin? O…

A: We need to use the following two ratios for calculation of profit margin first we need to calculate…

Q: Ozark Industries reported net income of $75 million in 2002. The company’s corporate tax rate was 40…

A: The sales level of a company directly affect the company's net income. In order to increase the net…

Q: X-1 Corp's total assets at the end of last year were $440,000 and its EBIT was $55,000. What was its…

A: The basic earning power ratio is another profitability ratio (BEP). The goal of BEP is to assess how…

Q: Ever Manufacturers had sales of $900,000 in 2006 and their cost of goods sold represented 65 percent…

A: Given, Sales =$900,000 COGS =65% of sales = $900,000*65% = $585,000 Selling and Administrative…

Q: AEI Incorporated has $5billion in assets, and its tax rate is 40%. Its basic earning power (BEP)…

A: Assets = $ 5 billion Tax rate (T) = 40% BEP ratio = 11% ROA = 10%

Q: what were JT’s annual sales and DSO?

A: current ratio = current asset/current liability 1.8=67500/current liabilities current liabilities =…

Q: The firm has sales of $6,000 and a profit margin of 6.5 percent. What is the firm’s net income?

A: The remaining amount of the revenue after the deductions of the expenses and the tax amount is term…

Q: Suppose a firm has the following information: Sales = $10million; costs of goods sold (excluding…

A: Computation:

Q: 5. The total sales this year is ₱1,200,000, which resulted from an increase in sales for 10%. How…

A: SOLUTION-   SALES IS 1200000 WHICH WAS RESULT IN 10% INCREASE IN SALES FROM LAST YEAR .IT MEANS ITS…

Q: Bryon Inc recently reported $6million of net income. Its EBIT was $13.2 million, and its tax rate…

A: The mathematical equation of the concept used is:

Q: Lemon Auto Wholesalers had sales of $1,400,000 last year, and the cost of goods sold represented 77…

A: Answer: Calculation of the earning after tax: Earning after tax is the net income a company earns…

Q: Suppose Ningbo Steel had sales revenue of $11,000 sales revenue, and a cost of goods sold at $5000,…

A: Net profit after tax = (sale-cogs-operating expenses)×1-tax given, sales= $11,000 COGS= $5000…

Q: Rappaport Corp.'s sales last year were $375,000, and its net income after taxes was $23,000. What…

A: Profit margin on sales is ratio of net profit on sales that is as follows: As per formula Profit…

Q: Last year, Hassan’s Madhatter, Inc. had an ROA of 9 percent, a profit margin of 14.70 percent, and…

A: ROA = Net income / Total assets = 9%Profit margin = Net income / Sales = 14.70%Sales = $ 30 million

Q: From last year to this year, Berry Barn reported that itsNet Sales increased from $300,000 to…

A: Gross profit rate = ( Gross profit  / sales ) x 100

Q: 13. Adams Corp's sales last year were $57,000, and its total assets were $24,000. What was its total…

A: given net sales = 57000

Q: Ruby Corp's sales last year were $435,500, its operating costs were $350,000, and its interest…

A: TIE number is earnings before interest and taxes (EBIT) divided by the total interest payable

Q: If a company had $15,000 in net income for the year, and its sales were $300,000 for the same year,…

A: Profit margin ratio: The profit margin ratio measures the net income generated for every dollar of…

Q: Rappaport Corp.s sales last year were $320,000, and its net income after taxes was $23,000. What was…

A: Profit Margin on Sales = Net Income after taxes / Sales

Q: 10. Royal Corp's sales last year were $560,000, and its net income was $46,000. What was its profit…

A: Profit margin = net income / sales

Q: Local Co. has sales of $10.3 million and cost of sales of $6.1 million. Its selling, general and…

A: Answer -    Part A -  Given,  Sales = $10.30 million Cost of goods sold = $6.10 million   So, Gross…

Q: Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are…

A: The relationship between net income and total equity of the company states by return on equity…

Q: Byrgenwerth Corp has $55,000,000 of assets, and its tax rate is 28%. Its Basic Earning Power (BEP)…

A: A ratio that provides information about the company regarding the capability of payoff its debt…

Q: AEI Incorporated has $5 billion in assets, and its tax rate is 40%. Its basic earning power (BEP)…

A: The Times Interest earned ratio provides information as company is able to meet the interest cost…

Q: The Brenmar Sales Company had a gross profit margin​ (gross profits÷​sales) of 34 percent and…

A: Average collection period is period required to receive all accounts receivable that means money…

Q: If Baldwin Corporation has $2 million in inventory, $5 million in total current assets, and $1.5…

A: Note: It is a situation where multiple questions have been asked and no question is specified to…

Q: NUBD had 5 degrees of operating leverage when its profit before taxes was P200,000. If the company's…

A: Given,  Degree of operating leverage = 5 Increase in sales = 15%

Q: Orono Corp.'s sales last year were $575,000, its operating costs were $362,500, and its interest…

A: As per formula Times interest earned (TIE) ratio = (Sales-Operating cost)/Interest expenses   Where…

Q: A company has generated over the last year, with the sales of all its product lines, an operating…

A: ROA It is the return on assets to measure the firm's ability to generate net earnings with its…

Q: Blossom Corp. has annual sales totaling $1146000 and an average gross profit of 20% of cost. What is…

A: Gross profit = Sales - Cost Gross profit = Sales x Gross profit (%)   So, Sales = Gross profit +…

Q: Green Fire, Inc., has sales of $60 million, total assets of $42 million, and total debt of $18…

A: The return on assets is reflective of profitability ratio which will help in finding out the rate of…

Q: Last year, Quayle Energy had sales of $200 million and its inventory turnover ratio was 5.0. The…

A: Formula, Quick Ratio = [ (Current assets - Inventory )/ current liabilities ]

Q: BN had 5 degrees of operating leverage when its profit before taxes was P200,000. If the company’s…

A: Degree of operating leverage = % change in operating income% change in sales…

Q: Local Co. has sales of $10.9 million and cost of sales of $5.9 million. Its selling, general and…

A: Prepare the income statement by the given information as per the following matrix: The gross profit…

Q: 1. If a firm's net income (profits before taxes) is $120,000 and it has total assets of $1.5…

A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: 4) Big Foot recorded a gross margin of 55% in last year. If cash discounts of the store were 2%…

A: Calculating the initial markup is taking the original retail price minus cost dividend by original…

Q: Roberts Corp's sales last year were $300,000, and its net income after taxes was $25,000. What was…

A: A ratio that helps to evaluate how much portions of the sales revenue of a company turns in the…

Q: Ebersoll Mining has $6 million in sales, its ROE is 12%, and its total assets turnover is 3.2x. The…

A: Financial ratios are the quantitative measures used by analysts to determine the financial…

Q: Last year, Jumpin' Trampolines (JT) had a quick ratio of 1.0, a current ratio of 1.8, an inventory…

A: Ratio analysis is the financial analysis that is used by corporations to estimate and determine…

Q: Local Co. has sales of $10.2 million and cost of sales of $6.2 million. Its selling, general and…

A: Gross profit margin (GPM) refers to the portion of the company’s goods and services that is…

Q: 1. During the current year, Swarouskii Manufacturing earned income of P350,000 from total sales of…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: Last year, Triangular Resources earned $4.6 million in net operating income and had an operating…

A: Total Assets Turnover ratio= RevenueAverage Total Assets Operating Profit Margin = Net Operating…

Q: NUBD had 5 degrees of operating leverage when its profit before taxes was P200,000. If the company’s…

A: Solution: Profit before taxes will increase by = Increase in sales *  degrees of operating leverage…

Q: Rappaport Corp.'s sales last year were $320,000, and its net income after taxes was $23,000.…

A: PROFIT MARGIN=NET INCOME AFTER TAXSALES

Q: Kristyle Company's net income last year was P40,000 and its interest expense was P8,000. Total…

A: Return on assets (ROA) refers to the evaluation of the profitability of the assets of a company.