User Account

All Pages

Calculate net profit margin for the year

Assignment Help Accounting Basics
Reference no: EM132844164

Question - The following information has been extracted from the financial statements of Muggie Pty. Ltd., a mug wholesaler.

Accounts 2019 in thousands

Interest expense $4

COGS $303

Accounts receivable $320

Inventory $330

Bank loan (5 years) $580

Accounts payable $230

Property, plant and equipment $1,300

Sales $677

Selling expenses $22

Administrative expenses $16

Tax expense $75

Required - Calculate net profit margin for the year 2019. Leave two (2) decimal places.

Reference no: EM132844164

Questions Cloud

How much is the result of the combination : Refer to original facts and effect this: If the fair value of the previous holdings amounts to P400,000, what is the result of the combination?
Strategic planning process of forecasting technical : Describe the strategic planning process of forecasting technical and information needs of an organization by linking resources to business
Effects for near vs far-sighted patients : As much as possible, use diagrams instead of words to summarize your experimental design.
What is the percent of control acquired by luke co : What is the percent of control acquired by Luke Co.? Loom Co. acquired a controlling interest in Zoom Co. for P120,000 in the open market.
Calculate net profit margin for the year : The following information has been extracted from the financial statements of Muggie Pty. Ltd., Calculate net profit margin for the year
Concepts that are specific business and industry : Identify at least 5 relevant concepts that are specific business and industry needs. Explain why data should be consistent among customers.
Health analytic and business intelligence in healthcare : Employ comparative analysis strategies (e.g., indicators, benchmarks, budgets, systems, performance) using business intelligence tools.
What amount of unrealized loss on securities for morgan co : What amount of unrealized gain or loss on these securities should be included in Morgan's other comprehensive income for the year ended December 31, 2012?
What amount of realized gain should ribbon company : What amount of realized gain should Ribbon Company recognized on the disposal of the security assuming the security was classified as investment at fair value?

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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