What is the profit margin

Assignment Help Financial Management

Reference no: EM131945214

A firm has $61,300 in receivables and $391,400 in total assets. The firm has a total asset turnover rate of 1.4 and a profit margin of 6.3 percent. What is the days’ sales in receivables?

Peter Inc. has sales of $489,700. Earnings before interest and taxes are equal to 16 percent of sales. For the period, the firm paid $5,200 in interest. The tax rate is 28 percent. What is the profit margin?

Reference no: EM131945214

Questions Cloud

Distribution of blood cholesterol level in the population : The distribution of blood cholesterol level in the population of young men aged 20 to 34 years is close to Normal with mean 188 milligrams per deciliter

Calculate delta airline times-interest-earned ratio : Calculate delta airline's times-interest-earned ratio for the year end. What does this tell you about delta airlines?

What is the expected value of m and the standard error of m : A sample is selected from a population with a mean of µ = 40 and a standard deviation of s = 8

Build a technique for predictive model : Recognize the implementation of the Understand the concept and formulation of the k-nearest neighbor algorithm (kNN) in your business and specify the reason.

What is the profit margin : For the period, the firm paid $5,200 in interest. The tax rate is 28 percent. What is the profit margin?

What would be the amounts related to the lease : What would be the amounts related to the lease that Digital would report in its statement of cash flows for the year ended December 31, 2018

How does the leader build high performance teams : What issues must be addressed, and how does the leader build high performance teams that produce high performance outcomes that are sustainable.

Discuss how the kpi represents a strategic objective : Discuss how the KPI represents a strategic objective that measures performance against a related goal.

What is the function of the finance department : What is the function of the finance department? What does the ideal spot in the Positioning Score mean?

User Account

All Pages