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matrenka [14]
4 years ago
12

​Coleman, Inc. provides the following data from its income statement for​ 2017:Net Sales​$500,000Cost of Goods Sold​(200,000)Gro

ss Profit​$300,000Calculate the gross profit percentage.​ (Round your answer to two decimal​ places.)
Business
1 answer:
Illusion [34]4 years ago
3 0

Answer: 60 %

Explanation: Gross profit refers to the amount of profit that a company has after deducting for making and selling charges.

Gross profit percentage or gross profit ratio refers to the ratio of gross profit and net sales. It is used to evaluate how much gross profit does a company makes from its sales. It is a good measure for evaluating liquidity.

This could be calculated as follows :-

gross\:profit\:ratio=\frac{gross\:profit}{net\:sales}

gross\:profit\:ratio=\frac{300,000}{500,000}

=60 %

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Answer:

Actual Yiel to maturity is 9.3%

Explanation:

Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.

Face value = F = $1,000

Coupon payment = $1,000 x 4% = $40

Selling price = P = $785

Number of payment = n = 5 years

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

Yield to maturity = [ $40 + ( $1,000 - $785 ) / 5 ] / [ ( 1,000 + $785 ) / 2 ]

Yield to maturity = [ $40 + $43 ] / $892.5  = $83 /$892.5 = 0.0645 = 0.093%

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3 years ago
Real-time data warehousing can be used to support the highest level of decision making sophistication and power. The major featu
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The major feature that enables this in relation to handling the data is speed of data transfer.

<h3>What is Real Time Data Warehousing?</h3>

Real Time Data Warehousing is a data warehouse that enables  decision  making to made speedily in real time.

Real time data warehousing is important for companies as it help to store large amount of data,  it as well support higher level of decision and the speed of data transfer are very fast.

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3 years ago
Crawford Fishing had a net income of $35,640 in 2017. They decided to pay $3,000 in dividends and keep the rest to help expand t
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The profit that they keep to reinvest in the business is recorded as  D : retained earnings.

Explanation:

Retained earnings (RE) is the amount of net income left over for the business after it has paid out dividends to its shareholders.

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3 years ago
Once a civilization had a surplus of food, it could support which of the following?
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<u>Licensing.</u>

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Brand licensing occurs when there is an agreement between companies to use a brand and its characteristics such as name, logo and image, upon payment of royalts for the use.

It is a strategy that occurs on a large scale worldwide due to the ease of use and the added benefits of using a consolidated brand in the market, which already has an established public, and added value, which generates an economic strengthening in companies that use this strategy. as well as increased reliability and profitability.

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