Answer:
a. 14.1%
Explanation:
Year 2
Net Profit Margin = Earnings Before Tax / Sales × 100
= $ 67,250 / $478,500 × 100
= 14.05 or 14.1 %
<span>The wealthiest nations of Southeast Asia, excluding Singapore (which is one of the wealthiest countries in the world) are Thailand and Malaysia, with Malaysia being in the 130th position according to GNI (Gross national Income) and Thailand in the 120th position (the higher the number the bigger the GNI). After this it's Indonesia in the 72nd place. </span>
Answer:
$13.89
Explanation:
The computation of the value of stock is shown below:
Year Dividend Present value factor at 16% Present value
1 $1.90 0.862 $1.64
2 $2.10 0.743 $1.56
3 $2.30
Price $14.375 0.743 $10.68
The price is computed below:
= $2.30 ÷ 16% = $14.375
Total present value $13.89
The present value factor is computed below:
= 1 ÷ (1 + rate) ^ years
For Year 1 = 1 ÷ 1.16^1 = 0.862
For Year 2 = 1 ÷ 1.16^2 = 0.743
Answer:
the correct answer is
b. debit to Accounts Receivable for $200.
good luck ❤
Answer:
a. What is Local's gross margin? (Round to one decimal place.)
0.4412 / 44.12%
b. What is Local's operating margin? (Round to one decimal place.)
0.1618 / 16.18%
c. What is Local's net profit margin? (Round to two decimal places.)
0.1049 / 10.49%
Explanation:
Local Co.
Income Statement for the year ended MM DD, YY
$, million
Sales 10.20
-Cost of sales <u> 5.70</u>
=Gross Income 4.50
-Selling, general and administrative expenses 0.55
-Research and development 1.20
-Annual depreciation charges <u> 1.10 </u>
=Operating Income 1.65
-Tax rate of 35 %. <u> 0.58 </u>
=Net Income <u> </u><u>1.07 </u>
(a) Gross Margin = Gross Income / Sales = 4.50 / 10.20 = 0.4412 = 44.12%
(b) Operating Margin = Operating Profit / Sales = 1.65 / 10.20 =0.1618=16.18%
(c) Net Profit Margin = Net Income / Sales = 1.07 / 10.20 = 0.1049 = 10.49%
