What is the firm net profit margin

Assignment Help Accounting Basics
Reference no: EM133186294

Questions -

Q1. ABC Company has an inventory order quantity of 10,000 units and a safety stock of 2,000 units. The cost per unit of inventory is P5, and the carrying cost is 10% of the average value of inventory. The annual inventory carrying cost for the company is?

Q2. What is the economic order quantity for the following inventory policy: A firm sells 32,000 bags of premium sugar per year. The cost per order is P200 and the firm experiences a carrying cost of P0.80 per bag.

Q3. ABC Company has total assets turnover ratio of 1.90 and a return on total assets of 7.20%. What is the firm's net profit margin?

Q4. Selected information from the accounting records of RCR Manufacturing Company follows:

Net sales P3,600,000

Cost of goods sold P2,400,000

Inventories at January 1 P672,000

Inventories at December 31 P 576,000

What is the number of days' sales in average inventories for the year?

Reference no: EM133186294

Questions Cloud

Evaluate the role that financial efficiency : Evaluate the role that financial efficiency will play in obtaining this funding at the state and local levels.
What is the most appropriate distribution channel : In guiding the reader in market research, the text presents the following ?ve questions:
What is the optimal cash conversion size : The company spends, on the average, P40 for every cash conversion to marketable securities. What is the optimal cash conversion size
What we learned from our required learning activities : Based upon what we learned from our required learning activities, do equal proportional taxes imposed on all market goods have no excess burden
What is the firm net profit margin : ABC Company has total assets turnover ratio of 1.90 and a return on total assets of 7.20%. What is the firm's net profit margin
What is the price at which the investor gets a margin call : An investor short sells $32,000 worth of a stock priced at $40 per share using 60% initial margin. What is the price at which the investor gets a margin call
Calculate the total cost for each of the possible price : You are a crude oil dealer. You intend to sell 500,000 barrels of crude oil in December 2022. Calculate the total cost for each of the possible price
What do you call this strategy : You sell 3,000 put options at $2 each and 3,000 call options at $3 each. The exercise price of one put option is $60. What do you call this strategy
Discuss the functional component of business : Discuss the functional component of business and in the context of problem-solving.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Evaluating the internal control over inventory

In evaluating the internal control over inventory for the Williams Oil Services Company, an auditor learns that the warehouse receiving clerk is responsible for ordering parts for supply inventory use in drilling services,

  Shares of common stock outstanding

In each of the following cases, determine whether Inez is a related party: a. Inez owns 500 shares of XYZ Corporation's common stock. XYZ has 50,000 shares of common stock outstanding.

  Minas tricksn treats sells premium dog treats and cute dog

minas tricksn treats sells premium dog treats and cute dog accessories for the most fashion forward dogs around. your

  What are the various tests that taxpayers must pass in order

What are the various tests that taxpayers must pass in order to take advantage of the various tax scenarios surrounding home ownership?

  How could unethical behavior related to the use of

how could unethical behavior related to the use of information systems impact a business?how can a business secure its

  File a joint federal income tax return

In 2016, Dominique and Felix are married and file a joint Federal income tax return. Their AGI is $314,050, and they claim three dependency exemptions

  Determine how british subsidiary gross margin percentage

Determine how British subsidiary's 20X2 gross margin percentage, based on U.S. dollar financial statements, likely to compare to gross margin percentage

  An evaluation of bryces bookstores inventory was performed

an evaluation of bryces bookstores inventory was performed in year 2. it produced the following results sample of

  Estimated product sales and material needs

Goldstein Inc. manufactures and sells plastic boxes and trays. Estimated product sales and material needs for each unit of product follow

  What would be the effect of shipping costs

If the current market exchange rate is 2.2 francs per pound, how would you take advantage of this situation? What would be the effect of shipping costs

  How much is the income from government grant on january

Payable on December 31, 20x3. Prevailing interest rate for this type of loan is 10%. How much is the income from government grant recognized in 20x1?

  Compute the return on assets and profit margin

For the years ending June 30, 2013 and June 30, 2012, compute the return on assets, profit margin, and current ratio

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