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
umka21 [38]
3 years ago
14

How is the profit margin computed? A ) by subtracting ending inventory from the goods available for sale B ) by dividing the amo

unt of gross profit by net sales C ) by dividing net income by net sales D ) by dividing net cash provided by operating activities by net income
Business
1 answer:
CaHeK987 [17]3 years ago
4 0

Answer:

C

Explanation:

The formula for Profir Margin = <u>(Net Income/Net Profit)</u>

                                                       Net Sales/Revenue

You might be interested in
True or false In a pure market economy, the government controls most actions.
Sonbull [250]
False i hope its right
5 0
3 years ago
Read 2 more answers
Marcelino Co.'s March 31 inventory of raw materials is $80,000. Raw materials purchases in April are $540,000, and factory payro
vovangra [49]

Answer:

See below

Explanation:

Marcelino Co's total cost of each production incurred in April

From March

Job306 Job307 job308

Direct materials $28,000 $39,000

Direct labor $23,000 $17,000

Applied overhead $11,500 $8,500

(50% of direct labor)

Beginning goods in process $52,500 $64,500 ---

For April:

Direct materials $139,000 $220,000 $110,000

Direct labor $103,000 $153,000 $104,000

Applied overhead $51,500 $76,500 $52,000

(50% of direct labor)

Total cost added in April $293,500 $449,500 $266,000

Total costs(April 30) $346,000

$514,000 $266,000

3 0
2 years ago
What does pito mean kids said i look like a pito
Drupady [299]
In Spanish or in what


Cause if it’s in Spanish you don’t wanna know
7 0
2 years ago
Read 2 more answers
Lois, a single taxpayer, contributed $1,200 to her traditional IRA in 2019. If she received a $240 saver’s credit and was not an
-Dominant- [34]

Answer:

$960

Explanation:

Given the information from the question. We need to calculate the contribution can she deduct Since Lois paid $1200 to customary IRA and she received a $240 savers credit. Thus, she will get derivation commitment less savers credit .as a result to get contribution can she deduct is $1200-$240= $960. Therefore, the correct answer is $960.

6 0
3 years ago
Yellowstone Corporation has just announced the repurchase of $125,000 of its stock. The company has 39,000 shares outstanding an
puteri [66]

Answer:

The price–earnings ratio after the repurchase is 22.18

Explanation:

First calculate Numbers of new shares

New Shares = Old Shares - ( Repurchased Shares / Price per share )

New Shares = 39,000 - ( $125,000 / $76.09 )

New Shares = 39,000 - 1,642.79

New Shares = 37,357.21 shares

New compute the old earning

Old  Earning = EPS x Numbers of old shares = $3.29 x 39,000 = $128,310

New compute revised Earning per share

Revised EPS = Earning / New shares = $128,310 / 37,357.21 shares = $3.43

Now we need to calculate the Price earning ratio

P/E Ratio = Price per share / Revised earning per share = $76.09 / $3.43 = 22.18 times

7 0
2 years ago
Other questions:
  • One of the ways Mark and Sue can prevent having a balance due next year is to use the Tax Withholding Estimator at IRS.gov and t
    9·2 answers
  • The strategic performance evaluation does not monitor the activities of external sources of marketing assistance.
    15·1 answer
  • Which skills would be the most beneficial for a computer help desk technician?
    6·2 answers
  • A country redesigned its tax policy so that the tax rate was reduced for individuals earning larger amounts of money. For exampl
    5·2 answers
  • Marita and Alexandra set up a Limited Partnership. Marita is named General Partner and Alexandra is named Limited Partner. Marit
    7·1 answer
  • Which of the following statements is true? a.The cost of goods sold budget is prepared before the direct labor and overhead budg
    10·1 answer
  • The information below pertains to Barkley Company for 2015.
    7·1 answer
  • On August 1, 2014, Amherst Company reacquired 4,000 shares of its $15 par value common stock for $18 per share. Amherst uses the
    12·1 answer
  • In the book Romeo and juliet what is Juliet's dads name​
    6·1 answer
  • A factory sells backpacks for $40. 00 each. The cost to make 1 backpack is $10. 0. In addition to the costs of making backpacks,
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!