All categories

4 years ago

Why is the net profit margin expressed as a percentage?

1 answer:

6 0

It's usually expressed as a percentage because the net profit is the remaining revenue after the costs are deducted, it's better to use a percentage to know if you're either making a profit or loss.

You might be interested in

Norwood, Inc. Norwood, Inc. purchased a crane at a cost of $80,000. The crane has an estimated residual value of $5,000 and an e

pishuonlain [190]

Answer:

Explanation:

depreciation rate per hour using the units-of-production method = (cost of asset - residual value) / estimated hours of operation

($80,000 - $5,000) / 12,500 = $6

3 0

3 years ago

_______ are special-purpose printers that use output from graphics tablets or other graphical input devices that are typically f

strojnjashka [21]

Answer:

The correct word for the blank space is: Plotters.

Explanation:

Plotters are high precision printing and cutting devices. They are used to print plans and projects. They are considered external devices that allow drawing o scheme diagrams and graphs. There are monochromatic plotters and other versions of four, eight, and twelve colors.

5 0

3 years ago

Which BRIC country has not lived up to expectations due to a slowing economy political and social problems and being labeled as

mezya [45]

Answer:

The correct answer is: Brazil.

Explanation:

Goldman Sachs coins in 2001 the term BRIC to refer to those major economies that were likely the most influential of the 21st century. BRIC is an acronym that joins the initial for the countries of Brazil, Russia, India and, China. Out of the four, Brazil's Odebrecht-Petrobras case has been spread all over the world as one of the biggest corruption cases known in economic history, where governmental representatives and even president <em>Luis Inacio Lula da Silva was involved</em>. Besides, the uneven distribution of wealth in Brazil is an ongoing problem that has been affecting its population for decades.

4 0

3 years ago

Torrid Romance Publishers has total receivables of $2,800, which represents 20 days’ sales. Total assets are $73,000. The firm’s

Marizza181 [45]

Answer:

ROA=4.13

Asset turnover ratio = 0.70 times

Explanation:

1.Computation for ROA

Using this formula

ROA=Net income/Total assets

First step is to find Day's sales in receivables before calculating for the sales amount

Day's sales in receivables = Numbers of days in a year/Total receivables days sales

Let plug in the formula

Day's sales in receivables = 365 / 20

Day's sales in receivables = 18.25times

Now let find the Sales amount using this formula

Sales= Day's sales in receivables× Total receivables

Let plug in the formula

Sales = 18.25 times × $2,800

Sales=$51,100

Second step is to find the Net income

Using this formula

Net income =Percentage of Operating margin× Sales amount

Let plug in the formula

Net income=5.9%×$51,100

Net income =$3,014.90

Now let find the ROA using this formula

ROA=Net income/Total assets

Let plug in the formula

ROA=$3,014.90/$73,000

ROA=0.0413×100

ROA=4.13%

Therefore ROA will be 4.13%

2. Computation for asset turnover ratio

First step is to calculate for the Receivables turnover

Using this formula

Day's sales in receivables = Numbers of days in a year/Total receivables days sales

Let plug in the formula

Day's sales in receivables = 365 / 20

Day's sales in receivables = 18.25times

Second step is to find the Sales amount using this formula

Sales= Day's sales in receivables× Total receivables

Sales = 18.25 times × $2,800

Sales=$51,100

Now let calculate for the Asset turnover ratio using this formula

Asset turnover ratio = Sales / Total assets

Let plug in the formula

Asset turnover ratio= $51,100 / $73,000

Asset turnover ratio= 0.70 times

Therefore asset turnover ratio will be 0.70 times

3 0

3 years ago

jackson's programming paid its june rent of $500 cash. demonstrate how to use the accounting equation to record the transaction

Irina-Kira [14]

Answer: Jackson would decrease CASH and increase EXPENSES in the accounting equation.

Explanation: Jackson would lose cash by spending his money and his Living expenses will also rise along with it.

7 0

1 year ago