The following extract relates to X Co for the years ended 30 June 20X5 and 20X6: 20X5 20X6 Revenue 20,000 26,000 Cost of sales (15,400) (21,050) Gross profit 4,600 4,950 Less expenses (2,460) (2,770) Operating profit 2,140 2,180 What was the operating profit margin for 20X5 and 20X6? 20X5 20X6 A 10.7% 8.38% 8.38% 10.7% 23% 19% D 12% 10% B.

Q: Assume Juniper Natural Dyes made Net Sales Revenue of $90,000 and Cost of Goods Sold totaled…

A: Gross profit = Sales - Cost of Goods Sold                     = $90,000-$58,000…

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Q: 8. Horner Corporation reported net sales of $150,000, cost of goods sold of $96,000, operating…

A: Profit Margin is nothing but the net profit ratio. Profit margin shows profitability of company, it…

Q: Company XYZ made total sales of $250,000 during the month of December.The company also incurred…

A: Expected operating profit = Expected sales- Expected variable cost- Fixed cost

Q: The following data were available for ABC Corp at Dec 31, 20X2: Net purchases    P345,000 Inventory,…

A: Sales revenue: Sales revenue is the amount earned by the company by selling the goods or providing…

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Q: 4. Kent Co.'s operating percentages were as follows: Revenues 100% Cost of goods sold Variable Fixed…

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Q: Revlon Company provided the following data for the current year. Segment Revenue Profit (loss)…

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Q: Calculate for the profit given the data below: Sales P2,000,000 50,000 400,000 Prepaid Rent Expense…

A: Gross Profit = Sales - Cost of goods sold = 2000000 - 400000 = 1600000

Q: Prada Company maintains a mark up of 60% based on sales. The company's selling and administrative…

A: Solution: Sales = P1,440,000 Markup on sales = 60% Cost of sales = 40%

Q: I need help with 5,7,12, and 18 please  5. Number of days in sales in receivables 7. number of days…

A: Account receivable turnover = credit sales / Average accounts receivable = $10,000,000/…

Q: The following extracts relate to Company X and Company Y for 20X1: Co X $000 Co Y $00 Revenue 20,000…

A: Operating profit margin = Operating profit / Revenue

Q: Nu Company reported the following pretax data for its first year of operations.           Net sales…

A: A person's or corporation's net income is the amount generated after deducting costs, allowances,…

Q: Sales $200,000 Interest expenses $10,000 Tax $5,000 Administration expenses $2,000 Advertisement…

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Q: Largo Company recorded for the past year sales of $414,400 and average operating assets of $259,000.…

A: Answer) Calculation of Margin needed to earn Target Net Operating Income Desired Margin = Net…

Q: Instructions Revenue and expense data for the current calendar year for Tannenhill Company and for…

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Q: Given the following for a company: sales $48,000, sales returns and allowances $6.000, operating…

A:

Q: Refer to the information for Sundahl Company on the previous page.Required:1. Prepare a common-size…

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Q: Given the following information:   Revenue from Operations 3,40,000 Cost of Revenue from…

A: We have the following information: Revenue from Operations: 3,40,000 Cost of Revenue from…

Q: 7. The Gross Profit is 40%, total sales is ₱625,000. The company incurred an operating expense of…

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Q: Tannenhill Industry Company Average Sales $1,510,000 100 % Cost of goods sold 921,100 67 Gross…

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Q: BTS Co. reported profit after tax of ₱420,000. BT21’s income tax rate is 30%. Operating expenses for…

A: Solution: Profit after tax = P420,000 Profit before tax  =PAT / (1-tax rate) = P420,000 / (1-0.30) =…

Q: A company reported net income of $4,805 for October. Its net sales for October were $15,500. Its…

A: Profit margin refers to the measurement tool which measures the degree of profitability of a…

Q: A company had a profit margin of 15%. If net income equaled $44,000 and average total assets equaled…

A: Lets understand the basics. For calculating net sales, we need to use below formula. Profit margin =…

Q: Perform a vertical analysis for the entry "Gross Sales" on the portion of an income statement shown…

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Q: Given the following amounts: Ravena Inc. P1,600,000 ales 60% of Sales ost of Sales perating Expenses…

A: Ratio analysis- A ratio analysis is a mathematical method for determining a company's liquidity,…

Q: A company's financial results for 20X4 are shown below. 20X4 $'000 Sales 7,200 Less cost of…

A: We have the following information:

Q: Peace Inc. has the following information: Sales P 480,000 Operating expenses 300,000 Net loss…

A: The profit a corporation generates after subtracting the costs of making, selling, and providing…

Q: View Policies Current Atternpt in Progress Blue Spruce Corp.reported net sales $ 1,000,000; cost of…

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Q: Calculate net profit ratio from the following data: Sales returns 1,00,000 Administration expenses…

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Q: Stargel Inc. Comparative Income Statement the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Υ1 Sales…

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Q: Below is the common-sized statement for the current calendar year fo Hugo Boss and Industry average,…

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Q: 16. WASHY PALE Co. has the following information on December 31, 20x1: - Cost of sales is P260,000.…

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Q: 5. Bilo-Bilo Company provided the following data for the current year: Segment Revenue Profit (Loss)…

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Q: What is the net income from the following income statement? Income Statement Sales $12,000 Returns…

A: Sales = 12000 Returns = 370 Cost of goods sold = 8150 Over head = 2300

Q: 16. Stefan Page Company reports net sales of $800,000, gross profit of $370,000, and net income of…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Sales revenue   $104,000   $enter a dollar amount  Sales returns and allowances   enter a dollar…

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Q: Sales $755,000 $ 620,000 Cost of goods sold other operating expenses Interest expense $445,450…

A: The asset turnover ratio relates the worth of a company's sales or revenues to the value of its…

Q: The following are the respective costs and revenues incurred by USA company: costs for months 1, 2,…

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Q: The following scenario relates to questions 16 – 20. Summary financial information for ABC Co is…

A: Net profit margin is Ratio of Net profit to revenue Net Profit Margin = Profit After Interest and…