1. Speedy Ltd has a profit margin of 17.1 percent and net income of $33,700. What...

1. Speedy Ltd has a profit margin of 17.1 percent and net income of $33,700. What is the common-size percentage for the cost of goods sold if that expense amounted to $122,600 for the year? A. 62.21 percent B. 13.51 percent C. 15.37 percent D. 98.12 percent E. 28.45 percent

2. Koru LLP has total assets of $819,200, long-term debt of $164,500, total equity of $366,900, net fixed assets of $582,800, and sales of $1,121,500. The profit margin is 3.2 percent. What is the current ratio? A. .82 B. .79 C. 1.12 D. 1.56 E. 1.74

3. TriCo Inc has cash of $4,950, inventory of $28,470, fixed assets of $9,860, accounts payable of $17,200, and accounts receivable of $4,660. What is the cash ratio? A. .08 B. .20 C. .30 D. .46 E. .29

Solutions

Expert Solution

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

jeff jeffy answered 1 year ago

Next > < Previous

Related Solutions

A company has net income of $190,000, a profit margin of 9.20 percent, and an accounts...

A company has net income of $190,000, a profit margin of 9.20 percent, and an accounts receivable balance of $106,056. Assuming 66 percent of sales are on credit, what is the company's days' sales in receivables?

A company has net income of $188,000, a profit margin of 9.20 percent, and an accounts...

A company has net income of $188,000, a profit margin of 9.20 percent, and an accounts receivable balance of $106,149. Assuming 66 percent of sales are on credit, what is the company's days' sales in receivables?

Jacob Atnip &Company has a net income of $196,500, a profit margin of 6.8 percent, and...

Jacob Atnip &Company has a net income of $196,500, a profit margin of 6.8 percent, and an accounts receivable balance of $119,630. Assuming 65% of sales are on credit, what is the company's days' sales outstanding (DSO) for receivables?

A firm has Net income- $195,000 Profit Margin- 10.0% Accounts Receivable- $100,000 Percent of Sales On...

A firm has Net income- $195,000 Profit Margin- 10.0% Accounts Receivable- $100,000 Percent of Sales On Credit- 85% Fill out the rest of the information below, show all work and calculations Sales-? Credit Sales-? Receivables Turnover- ? Times Days sales in Receivables- ? Days

1. The net profit margin of JCH ltd has declined from 12% to 8% over the...

1. The net profit margin of JCH ltd has declined from 12% to 8% over the last year. Discuss a scenario in which the decline in the ratio might be considered to be a positive trend. 2. The D/E ratio as measured by book value for CAB Ltd is 0.45, however when measured by market values, the D/E ratio is 2.18 a) Can you suggest reasons why such a divergence in ratio values is possible? b) What message does this...

What does net profit margin indicate? A. The marginal growth or decline of net income year...

What does net profit margin indicate? A. The marginal growth or decline of net income year over year. B. How much of a return is generated from an investment. C. How much net profit is generated per each dollar of revenue. D. How much net profit is generated for every dollar of assets.

Goodyear Tire & Rubber Co has the income statement shown above. What is the Net Profit Margin?

INCOME STATEMENT Net Sales $10,000,000 Cost of Goods Sold $4,000,000 Gross Profit $6,000,000 Depreciation Expense $1,600,000 S&A Expenses $1,368,000 Operating Income (EBIT) $3,032,000 Interest Expense $2,700,000 Income before Taxes $332,000 Income Taxes (42%) $139,440 Net Income $192,560 Goodyear Tire & Rubber Co has the income statement shown above. What is the Net Profit Margin? Round your answers.

What is the firm's current year net profit margin?

Category Prior Year Current YearAccounts payable ??? ???Accounts receivable 320,715 397,400Accruals 40,500 33,750Additional paid in capital 500,000 541,650Cash 17,500 47,500Common Stock 94,000 105,000COGS 328,500 428,048.00Current portion long-term debt 33,750 35,000Depreciation expense 54,000 54,731.00Interest expense 40,500 41,017.00Inventories 279,000 288,000Long-term debt 339,670.00 401,877.00Net fixed assets 946,535 999,000Notes payable 148,500 162,000Operating expenses (excl. depr.) 126,000 161,905.00Retained earnings 306,000 342,000Sales 639,000 850,323.00Taxes 24,750 48,686.00What is the firm's current year net profit margin?

Oscar's has a profit margin of 5.6 percent, a return on equity of 18.63 percent, and...

Oscar's has a profit margin of 5.6 percent, a return on equity of 18.63 percent, and an equity multiplier of 1.49. What is the return on assets?

Company has an ROA of 8.4 percent, a profit margin of 9.50 percent, and an ROE...

Company has an ROA of 8.4 percent, a profit margin of 9.50 percent, and an ROE of 15.50 percent. Requirement 1: What is the company’s total asset turnover? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Total asset turnover times Requirement 2: What is the equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Equity multiplier times

Subjects