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Assuming that revenues stayed flat (meaning the company did not try to increase sales by the 12 percent target), by what percentage would they have to decrease purchasing expenses to equal the increased profit that would have come from a 12 percent increase to revenues? (Write your answer as a orconta go and dicplov vour oncwor to two doeimal plages

Assuming that revenues stayed flat (meaning the company did not try to increase sales by the 12 percent target), by what percentage would they have to decrease purchasing expenses to equal the increased profit that would have come from a 12 percent increase to revenues? (Write your answer as a orconta go and dicplov vour oncwor to two doeimal plages

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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SM.61 A small but growing online retailer, Nile Corporation, has shown impressive growth in sales over the past several years, with sales this past year at $1,156,000. If the company has a net profit margin of 2.75 percent, what would its net profit be (in dollars)? (Display your answer as a whole number.) 31790 f in the next year the company achieves its revenue growth target of 12 percent, what would its total revenue be? (Display your answer as a whole number.) 1294720 If in the next year the company achieves its revenue growth target of 12 percent, and assuming its profit margin remained unchanged at 2.75 percent, what would its total profit be for next year? (Display your answer as a whole number.) 35605 If the company achieves its revenue growth target of 12 percent, by how many dollars will revenue increase? (Display your answer as a whole number.) 138720 f the company achieves its revenue growth target of 12 percent, by how many dollars will net profit increase? (Display your answer as a whole number.) 3815 Using the original revenue number of $1,156,000, if the company spends 70 percent of its revenue on purchases, what would be its purchasing expense? (Display your answer as a whole number.) 809200 Assuming that revenues stayed flat (meaning the company did not try to increase sales by the 12 percent target), by what percentage would they have to decrease purchasing expenses to equal the increased profit that would have come from a 12 percent increase to revenues? (Write your answer as a bercentage, and display your answer to two decimal places.)
Transcribed Image Text:SM.61 A small but growing online retailer, Nile Corporation, has shown impressive growth in sales over the past several years, with sales this past year at $1,156,000. If the company has a net profit margin of 2.75 percent, what would its net profit be (in dollars)? (Display your answer as a whole number.) 31790 f in the next year the company achieves its revenue growth target of 12 percent, what would its total revenue be? (Display your answer as a whole number.) 1294720 If in the next year the company achieves its revenue growth target of 12 percent, and assuming its profit margin remained unchanged at 2.75 percent, what would its total profit be for next year? (Display your answer as a whole number.) 35605 If the company achieves its revenue growth target of 12 percent, by how many dollars will revenue increase? (Display your answer as a whole number.) 138720 f the company achieves its revenue growth target of 12 percent, by how many dollars will net profit increase? (Display your answer as a whole number.) 3815 Using the original revenue number of $1,156,000, if the company spends 70 percent of its revenue on purchases, what would be its purchasing expense? (Display your answer as a whole number.) 809200 Assuming that revenues stayed flat (meaning the company did not try to increase sales by the 12 percent target), by what percentage would they have to decrease purchasing expenses to equal the increased profit that would have come from a 12 percent increase to revenues? (Write your answer as a bercentage, and display your answer to two decimal places.)
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