User Account

All Pages

How much is the net profit or loss ratio

Assignment Help Financial Accounting
Reference no: EM132773094

Problem 1: Using the vertical analysis, If the gross margin is 60% and the operating income is 40%. Given the income tax rate of 30%, how much is the net profit or loss ratio (in %)

Reference no: EM132773094

Questions Cloud

How do memorandum explaining the sequence for preparing : How do memorandum explaining the sequence for preparing financial statements and the interrelationship of the owner's equity statement
How might the bill impact your own nursing practice : Healthcare Policy Assignment - Please review the infographic as way to guide you in getting started with your assignment: Developing Assignment with Integrity
Describe a compensation approach for that job : Briefly describe the job you are writing about, then describe a compensation approach for that job that aligns with all 3 theories. What are the potential.
What evidence he would have to provide to support the claim : A male scored three points lower than a female on a selection test. The female was hired. The male filed a reverse discrimination case on the basis of unfair.
How much is the net profit or loss ratio : If the gross margin is 60% and the operating income is 40%. Given the income tax rate of 30%, how much is the net profit or loss ratio (in %)
What is the total equity amount for the year : 2018 increased by 44% compared to 2017. If the Debt to Equity ratio for 2017 is 122% and for 2018 is 67%, what is the total equity amount for the year 2018?
What are the characteristics of a learning organization : A learning organization is a dynamic business environment that encourages and fosters continuous learning in order to compete effectively in a highly.
Compute for the pre-tax margin for awesome mfg corp : Operating expense P15,865, interest expense is 3% of loans payable, income tax is 30%. Using the information of awesome mfg , compute for the Pre-tax Margin.
Compute for the return on equity for awesome mfg corp : Operating expense P15,865, interest expense is 3% of loans payable, income tax is 30%. Using the information of awesome mfg , compute for the Return on Equity

Reviews

Write a Review

Financial Accounting Questions & Answers

  Evaluate what is the company''s average days

Cost of goods sold for the year is $240,000. Evaluate what is the company's average days in inventory?

  Prepare a tabular analysis of the required adjustment

Opening cash balance $168, cash on hand $1,260.83, and cash sales per register tape $1,107.25. Prepare a tabular analysis of the required adjustment

  Using the weighted-average method total costs to account

Tamar Co. manufactures a single product in one department. All direct materials are added at the beginning of the manufacturing process. Conversion costs are added evenly throughout the process. Prepare the company’s process cost summary for May usin..

  Calculation of inventory conversion periodon average bragg

calculation of inventory conversion period.on average bragg inc. has sales of 2000000 per month. it keeps inventory

  Explains the risk underlying an operating lease

Explains the risk underlying an operating lease? Operating leases help to balance the risk of obsolescence between the lessor and lessee.

  Machinery will generate net future cash inflow

Mains Corporation owns equipment with a cost of $290,000 and accumulated depreciation at December 31, 2014 of $150,000. It is estimated that the machinery will generate net future cash inflows of $165,000 on a present value basis. The machinery has a..

  Prepare any correcting journal entry required

Prepare any correcting journal entry required, assuming Sandhill uses a periodic inventory system, the books are closed for 2021 and ignore any income tax

  The amount of fixed cost allocated to accounting department

Strongsville College recently leased a photocopy machine for $2,000 per month plus $0.04 per copy. Additional variable operating costs were $0.02 per copy. Strongsville College estimated it would produce 30,000 copies per month. If fixed and variable..

  Auditing cash intensive business

A significant challenge to any auditor is that of auditing a cash intensive business such as a bar or a car wash. Identify a specific business type that would historically receive a significant amount of cash in its normal operating schema. Using thi..

  How much is the total cost the company will incur

How much is the total cost the Company will incur? What is the optimal cash conversion size? Find The firm's cash conversion cycle

  Shares outstanding after adjustment for dilutive securities

DEPS is net income available to common shareholders divided by the number of common shares outstanding after adjustment for all dilutive securities that could possibly be issued. DEPS is always equal to or less than BEPS. In this problem, the differe..

  Record the transactions in t accounts

Record the transactions in T accounts and prepare a trial balance for the end of the month.

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