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lorasvet [3.4K]
3 years ago
8

A firm has taxes of $2,000, interest expense of $1,000, EBIT of $7,500, common stock dividends of $1,500, and preferred dividend

s of $1,200. What is the profit margin if sales are $22,000
Business
1 answer:
stealth61 [152]3 years ago
6 0

Answer:

the  profit margin is 15%

Explanation:

The computation of the profit margin is shown below:

= (EBIT - interest - taxes - preferred dividend) ÷ Sales

= ($7,500 - $1,000 - $2,000 - $1,200) ÷ $22,000

= $3,300 ÷ $22,000

= 15%

Hence, the  profit margin is 15%

Basically the above formula should be applied for the same

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gizmo_the_mogwai [7]

Answer:

Personal greed, Decline of personal ethical sensitivity, the size and structure of governments, economic freedom/openness of economy, Cultural environments that condone corruption, Lack of transparency, Slow judicial processes, etc.

Explanation:

7 0
3 years ago
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A company paid $0.58 in cash dividends per share. Its earnings per share is $4.30 and its market price per share is $28.75. Its
Lina20 [59]

Answer:

a) 2.02%

Explanation:

Dividend yield = Cash dividend per share / Market price per share

Dividend yield = $0.58 / $28.75

Dividend yield = 0.02017

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3 years ago
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Murrr4er [49]

Answer:

The accounting profit is $30,000.

Explanation:

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= $30,000  

3 0
3 years ago
john’s friend, michael, just got fired from his job as a server at a local restaurant. after michael is done telling his story a
puteri [66]

In a case whereby john’s friend, Michael, just got fired from his job as a server at a local restaurant and narrated the issue to John, and John says "so, your boss took the customer’s words over yours, then John means that his boss do not trust him.

<h3>What is the trust between the employee and employer?</h3>

The trust between the employee and employer can be seen as one that do make the relationship between the employer as well as the employee to be strong.

It should be noted that the Trust in the workplace  implies that there is a culture of honesty as well as psychological safety which exist between the employee as well as the employer, hence in the case whereby the employer is acting against the employee as a result of the comments from the customer without any investigation implies that there is no trust between them which is not adviceable.

Learn more about customer at:

brainly.com/question/1286522

#SPJ1

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1 year ago
ExxonMobil uses a(n) _____ appeal when it explains technical aspects of its products, such as lithium ion batteries, hydrogen te
solniwko [45]

Answer:

D. Informational

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