Calculate its net profit margin

Assignment Help Accounting Basics
Reference no: EM132013298

Question - On January 1, 2014, a company has assets of $15.10 billion and stockholders' equity of $8.90 billion. On January 1, 2015, the same company has assets of $19.10 billion and stockholders' equity of $9.90 billion. During 2014, the company had total sales revenue of $9.90 billion and total expenses of $6.10 billion. If the company doesn't have other sources of revenue, calculate its net profit margin during 2014?

Reference no: EM132013298

Questions Cloud

Expected price per share of the company in one year : Julia's Jewel Company (JJC) currently has a stock price of $51 per share. If JJC's cost of equity capital (same as discount rate for equity) is 19%
Create a crisis action plan and compose a positive reply : Create a crisis action plan and compose a positive reply to send to Mr. Ward to handle this bad news situation.
Non-forfeiture option : I. The ability to use the cash value of a life insurance policy to purchase paid-up term insurance is referred to as a non-forfeiture option
What are the steps in completing the accounting cycle : What are the steps in completing the accounting cycle? The steps in completing the accounting cycle is to analyze business transactions and prepare a general.
Calculate its net profit margin : The company had total sales revenue of $9.90 billion & total expenses of $6.10 billion. If company doesn't have other sources of revenue, calculate its profit
How many shares would be outstanding : If the face value is $0.10 per share, how many shares each investor, including yourself, would receive? How many shares would be outstanding?
What is the expected growth rate of the dividends : If the current price of the stock is $ 26.95 what is the expected growth rate of the dividends? Give your answer to the nearest .1%.
At what amount should the company inventory be reported : The replacement cost of this merchandise is currently $21 per unit. At what amount should the company's inventory be reported on the balance sheet
Change in the number of shares? outstanding : EPS should grow at about the same rate. You feel the stock should trade at a? P/E of around 31 times earnings. Us the? P/E approach to set a value on this stock

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd