1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
babymother [125]
3 years ago
9

Evergreen Corporation has two major​ divisions: Agricultural Products and Industrial Products. It provides the following informa

tion for the year. Agriculture Division Industrial Division Net sales $ 150 comma 000 $ 1 comma 750 comma 000 Operating income $ 16 comma 000 $ 218 comma 000 Average assets $ 340 comma 000 $ 56 comma 600 comma 000 Calculate the profit margin ratio for the Industrial Division of the company.​ (Round your answer to two decimal​ places.)
Business
2 answers:
bogdanovich [222]3 years ago
7 0

Answer:

The question is missing below options:

A. 5.45%

B. 13.43%

C. 12.00%

D. 4.27%

E.12.46%

The correct option is E,12.46%

Explanation:

Profit margin ratio shows the percentage of return on net sales.The formula is given by :

Profit margin ratio=operating income/net sales*100%

For the industrial division, the following details are available:

operating income is $218,000

net sales is $1,750,000

profit margin ratio=$218,000/$1,750,000*100%

profit margin ratio is 12.46%

olya-2409 [2.1K]3 years ago
3 0

Answer:

= 12.5%

Explanation:

<em>Profit margin ration is the the percentage of sales that a business earns as profit. In the context of a division, the higher the figure, the better and  the more profitable the operation of the division. The profit margin ratio is computed as follows:</em>

Profit margin ratio =  Net operating profit/ Sales× 100

Industrial profit margin ratio

Net operating margin - 218,000

Net Sales - 1,750,000

Profit margin ratio

= 218,000/1,750,000  × 100

= 12.5%

You might be interested in
Gina induces hugh to enter into a contract for the purchase of a condominium about which gina knowingly misrepresents a number o
marysya [2.9K]

In a condition where Gina induces Hugh to enter into a contract for the purchase of a condominium about which Gina knowingly misrepresents a number of material features, Hugh can rescind from entering into the contract on the basis of fraud when he discovers about the truth of Gina's wrongful intentions.

<h3>What is the significance of a fraud?</h3>

A fraud can be referred to or considered as a situation that arises when either of the parties to a contract is unaware of the wrongful intentions of the other party at the time of entering into the contract.

Therefore, the significance regarding a fraud has been aforementioned.

Learn more about a fraud here:

brainly.com/question/12285524

#SPJ4

4 0
1 year ago
In an economy, the total expenditures for a market basket of goods in year 1 (the base year) were $5,000 billion. In year 2, the
deff fn [24]

Answer:

The GDP price index for the economy in year 2 is 110.

Explanation:

It is given that the total expenditures for a market basket of goods in year 1 (the base year) were $5,000 billion.

Price of market basket in base year = $5000

In year 2, the total expenditure for the same market basket of goods was $5,500 billion.

Price of market basket in specific year = $5500

GDP price index:

\text{GDP price index}=\frac{\text{Price of market basket in specific year}}{\text{Price of market basket in base year}}\times 100

\text{GDP price index}=\frac{5500}{5000}\times 100

\text{GDP price index}=110

Therefore the GDP price index for the economy in year 2 is 110.

4 0
3 years ago
What "extras" can you include in a Web résumé that would not be included in a traditional résumé?
oee [108]
The extra items that you can include<span> in a </span>web resume<span> that </span>would not<span> be </span>included <span>in a </span>traditional resume<span> are graphics, buttons, and pictures.</span>
7 0
4 years ago
The management of Nebraska Corporation is considering the purchase of a new machine costing $490,000. The company's desired rate
Marianna [84]

Answer:

b) 4 years

b) 16%

Explanation:

The computation of cash payback period for this investment is shown below:-

Year     Net Cash Flow      Cumulative Net Cash Flow

1             $180,000               $180,000

2            $120,000                $300,000

                                    ($180,000 + $120,000)

3             $100,000               $400,000

                                    ($300,000 + $100,000)

4             $90,000                $490,000

                                    ($400,000  + $90,000)

5             $120,000               $610,000

                                     ($490,000 + $120,000)

The period of payback is the duration in which the investment is recovered. Investment amounts to $490,000 and the cumulative net cash flow after 4 years is $490,000. So, the payback period is 4 years.

Year       Income from Operations

1               $100,000

2              $40,000

3              $40,000

4              $10,000

5              $10,000

Total         $200,000

Average Income = $200,000 ÷ 5

= $40,000

Average Investment = ($0 + $490,000) ÷ 2

= $245,000

Average Rate of Return = Average Income ÷ Investment × 100

= $40000 ÷ $245000 × 100

= 16.33%

or

= 16%

6 0
4 years ago
Many businesses find blogging a valuable tool for communicating with employees, customers, and the larger public. Knowing how to
lbvjy [14]

Answer:

Problem communication  and marketing

Explanation:

Based on the information provided within the question as well as my experience with organizations using blogs, I can say that companies use blogs mostly for Problem communication  and marketing. When there is an issue regarding the company that may affect their customers, the organization usually posts a blog in order to make all of their customers aware of the issue and help with information updates and possible solutions. Organizations also use blog posts mostly for marketing new products or services, or even updates, by positing teases or full information on the upcoming product or service.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Other questions:
  • Which of the following is a journal entry to recognize the disposal​ value? A. Manufacturing Overhead Control XXX Workminusinmin
    9·1 answer
  • Jim would like to learn more about what it’s like to be in college, without having to take any actual college classes or difficu
    15·2 answers
  • Elijah is a warehouse production manager and has been assigned a complex project that might result in lengthy delays. in order t
    9·1 answer
  • Fiber-optic cable most likely would be used in a business network when (1 point) saving money is more important than speed. the
    7·1 answer
  • On October 1, 20X1, a company purchased a piece of land by agreeing to pay the seller $450,000 in two years. If the company had
    9·1 answer
  • A​ firm's market offering might include a range of options from​ ________ such as gasoline or toasters at one end to​ ________ s
    12·1 answer
  • Michael is the project manager in a Manufacturing Company he wants his organization to use technology for higher revenue and pro
    8·2 answers
  • Compute the total manufacturing cost for a manufacturer with the following information for the month. Raw materials purchased $
    13·1 answer
  • When the government levies a $100 million tax on people's income and puts the $100 million back into the economy in the form of
    5·1 answer
  • Assessing how customers in the target market evaluate price is the _______ stage in the pricing process.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!