User Account

All Pages

What is the profit margin

Assignment Help Accounting Basics
Reference no: EM131586398

Question - The International Boot Company has income from operations of $80,000, invested assets of $500,000, and sales of $1,525,000.

What is the profit margin?

a.5.2%

b.33.3%

c.16.0%

d.19.1%

Reference no: EM131586398

Questions Cloud

How would you explain the fraud squires executed : Using the elements of the fraud triangle, how would you explain the fraud Squires executed
What is the best way to hedge : Assume that you are a US manufacturer and frequently undertake export and import transactions with a particular country (Germany). What is the best way to hedge
Does securitization qualify as a shenanigan : Sears securitized its three principal brand names in 2007, sold them to a wholly-owned Bermuda insurance subsidiary Does securitization qualify as a Shenanigan
Calculate the cash conversion cycle for the year : Calculate the cash conversion cycle for the year.
What is the profit margin : The International Boot Company has income from operations of $80,000, invested assets of $500,000, and sales of $1,525,000. What is the profit margin
Calculate the cash interest coverage for the company : Reviewing the income statement and cash flow statement from KRJ Enterprises, Calculate the cash interest coverage for the company.
Calculate the working capital turnover ratio : In its most recent annual report Leggett and Platt reported sales of $8,342 million. Calculate the working capital turnover ratio.
Examine the use of macroeconomic analysis : You are running a small yard maintenance business summer. What do you expect to happen to the number of yards you can maintain in a day as you add workers.
Explain the difference between syntax and grammar : Explain what you think might be some of the necessary considerations of an English Language teacher during an activity like Mrs. Ralfe's Colloquial.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Analyze at least three items on the income statement

Discussion- Analyze at least three items on the income statement for your base company that would be important to an investor

  Investment to fair value

If the fair value of held to maturity investment declines for a reason that is viewed as OTT because the company intends to sell the investment do you write down the investment to fair value?

  Marsha thomason an auditor with dorrit cpas is performing a

marsha thomason an auditor with dorrit cpas is performing a review of mikhail companys inventory account. mikhail did

  Swanson corporation issued 8 million of 20-year 8 percent

swanson corporation issued 8 million of 20-year 8 percent bonds on april 1 2011 at 102. interest is due on march 31 and

  Nicoles employer poe corporation provides her with an

nicoles employer poe corporation provides her with an automobile allowance of 27000 every other year. her marginal tax

  The sarbanes-oxley act requires which all publicly traded

the sarbanes-oxley act requires that all publicly traded companies maintain a system of internal controls. internal

  X2 issued callable bonds on january 1 2012 the bonds pay

x2 issued callable bonds on january 1 2012. the bonds pay interest annually on december 31 each year. x2s accountant

  Prepare the journal entries to record the accrual of

cole corporation issued 400000 7 20-year bonds on january 1 2014 for 360727. this price resulted in an

  How much is the contribution margin ratio

Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio?

  Elements for action which is based on strict liability

Eagle Tools, Inc., the manufacturer of the gun, for product liability, on the ground of strict liability. What are the elements for an action based on strict liability? In whose favor is the court likely to rule?

  Compute mri amounts for each of these four taxes

Using the data in situation a of Exercise, prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and its related.

  Use probability-proportional-to-size method

Use probability-proportional-to-size method

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