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Arisa [49]
3 years ago
8

Damita company reported net income of $48,025 and net sales of $425,000 for the current year. calculate the company's profit mar

gin.
Business
1 answer:
spin [16.1K]3 years ago
5 0
<span>Damita company reported net income of $48,025 and net sales of $425,000 for the current year.calculate the company's profit margin.

 We have
 net sales = $425,000
 and
 net income=$48,025
 profit margin=net income/net sales * 100
=48025/425000 * 100 = 11.3%
 Ans = profit margin = 11.3%</span>
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The Unique Bookshelf Company is considering the purchase of a custom delivery van costing approximately $50,000. Using a discoun
Georgia [21]

Answer:

$1,200

Explanation:

Given that

Purchase of a customer delivery van = $50,000

discount rate = 20%

Present value of future cost savings = $51,200

Yield = 20%

Based on the above information, as per the net present value the initial cost of the equipment should not be more than the present value of cash inflows  i.e. $51,200

So the more than amount is

= $51,200 - $50,000

= $1,200

8 0
3 years ago
Mustard Corporation (a C corporation) owns 15% of the stock of Burgundy Corporation (a C corporation), which pays an annual divi
irina1246 [14]

Answer:

Yes, it will affect it.

Explanation:

The dividends received deduction (DRD) refers to a US federal tax law that allows some corporation that are paid dividend by related entities to deduct  certain percentage of the dividend received from their income tax depending on their percentage of ownership of the related entity that paid the dividend.

The three criteria or tiers that determines how much to deduct as DRD are as follows:

1. Generally, the DRD a corporation is qualified for is 70% of the dividend received.

2. A DRD equals to 80% of the dividend received can be deducted if the corporation holds more than 20% but less than 80% shareholding of the company that paid the dividend.

3. If the corporation holds more than 80% shareholding of the company that paid the dividend, a DRD of 100% of the dividend applies.

Therefore, additional stock purchase will affect the amount of dividends received deduction that Mustard can claim.

4 0
3 years ago
Laws Corporation is considering the purchase of a machine costing $16,000. Estimated cash savings from using the new machine are
Stella [2.4K]

Answer:

14%

Explanation:

Let IRR from machine be represented with i

Now, $4,120 * Cumulative PV factor (i, 6 periods) = $16,000

Cumulative PV factor (i, 6 periods) = $16,000 / $4,120

Cumulative PV factor (i, 6 periods) = 3.883

Now, we refer to PV factor table, the PV Factor (3.883) falls nearest to i =14%. (See proof in the attached table as attached below)

So therefore, IRR = 14%

So, the machine's internal rate of return is closest to 14%.

5 0
3 years ago
Which system supports business processes end to end? group of answer choices management system accounting system enterprise syst
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Enterprise System supports business processes end to end? group of answer choices management system accounting system enterprise system functional structure document system.

Enterprise system basically helps in taking care of all the operations as well as processes of the organisation.

What is Enterprise system?

  • These are said to be known as the software packages used by the organisations which helps them in controlling as well as managing the complex processes as well as operations of the enterprise.
  • This system leads to better performance, better accuracy as well improvement in coordination, planning, etc.
  • It also helps in having easier access as well as coordination in the management systems and also leads to enhanced reports of the organisation.
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To learn more about Enterprise system visit : brainly.com/question/23556405

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3 0
1 year ago
Robin inherits 1,000 shares of Wal-Mart stock from her aunt in 2019. Accord-ing to the information received from the executor of
lana66690 [7]

Answer:

Explanation:

Adjusted Basis

Adjusted basis is balanced estimation of the first premise of a property, balanced for any capital increments or capital recuperation's.

Capital options can be in type of any expense acquired on capital upgrades or any improvement added to the property by citizen. Capital recuperation's have conspicuous sorts like deterioration and cost recuperation's and furthermore any losses and burglaries.

Ms R. acquired 1,000 loads of organization W from her auntie at a balanced premise of $55,000. Then again Mr. A life partner of Ms. R got an endowment of 1,000 supplies of organization W from his uncle having balanced premise of $7,000.

Inheritance Basis

At whatever point an individual being a citizen acquire any property, the premise of valuation of the property is honest assessment on the demise's passing. On the other hand, if the agent or manager of the bequest chooses balanced premise can be the honest assessment a half year after the date of death.

On account of Ms. R her auntie's agent accommodates a balanced premise of $55,000 which will be the honest evaluation of stocks and the equivalent will be the balanced reason for Ms. R

Gift Basis

In the event that an individual gets a blessing being property, the citizen will have a cost premise of zero which will blow up the increases when the property is sold by him. To abstain from clashing statutory standard that blessings are outside the domain of personal assessment, premise is given to beneficiary. This depends on date of blessing, premise of benefactor, blessing charge paid and honest assessment.

Endowments premise is figured in two structures, one if the removal of property brings about increase and other if removal brings about misfortune.

1. Gain: If deal brings about addition at that point balanced reason for donee will be lower of the balanced premise of the giver.

2. Loss: in the event that deal brings about misfortune, at that point balanced reason for donee will be lower of the balanced premise of the benefactor or honest evaluation on date of blessing

On account of Mr. A his uncle has a balanced premise of $7,000 which thusly will be the balanced reason for Mr. A too

Therefore, it very well may be presumed that the significant motivation behind why there is a considerable distinction between balanced premise of Ms. R and Mr. An is that, for Ms. R honest assessment is the balanced premise. Then again for Mr. A balanced premise of his uncle in his own balanced premise.

3 0
3 years ago
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