Calculate the gross margin ratio for each year

Reference no: EM131491471

Question: The Quality of Gross Margins: Vitesse Semiconductor Corp. (Easy) Vitesse Semiconductor reported the following revenues and cost of goods sold for 2001- 2003 (in thousands):

Calculate the gross margin ratio (gross margin/sales) for each year. In 2001 the firm took a charge for obsolete inventory of$46.5 million and, in 2002, another $30.5 million. Explain how these charges affect the gross margin ratio in each of the three years.

Reference no: EM131491471

Questions Cloud

Describe the after tax effects on the clients cash flow : Describe the after tax effects on the client's cash flow based on the sale of the land that is needed to provide the funds necessary to start the business.

Describe the process of cardiovascular disease : Describe the process of cardiovascular disease (what happens to the heart and cardiovascular system over time) and how obesity influences this process

Enhancing the structure of an organization : Creating or enhancing the structure of an organization defines managers' Organizational Design task. Organizational design is one of the three tasks.

What are portfolio weights of each stock : An investor owns $27,000 of Adobe Systems stock, $30,000 of Dow Chemical, and $40,000 of Office Depot. What are the portfolio weights of each stock?

Calculate the gross margin ratio for each year : The Quality of Gross Margins: Vitesse Semiconductor Corp. (Easy) Vitesse Semiconductor reported the following revenues and cost of goods sold for 2001- 2003.

Your retirement account the day you retire : You and your wife are making plans for retirement. What amount do you need in your retirement account the day you retire?

What was good about your first intercourse : What was good about your first intercourse? What was challenging? If you had to do it over again would you choose a different partner? A different place

Channels vertically and horizontally in organizations : Just need a Short paragraph please of the question below. Assess communications channels vertically and horizontally in organizations and the implications.

Can you see a reason for the sec concern : In 1999, Microsoft Corporation announced that the Securities and Exchange Commission (SEC) was investigating some of its accounting practices.

User Account

All Pages