Determine which company is more successful

Assignment Help Finance Basics
Reference no: EM131140688

Ziehart Pharmaceuticals reported net sales of $178,000 and cost of goods sold of $58,000. Candy Electronics Corp. reported net sales of $36,000 and cost of goods sold of $26,200. Calculate the gross profit percentage for both companies. From these calculations, can you determine which company is more successful? Explain.

Reference no: EM131140688

Questions Cloud

What was your annual rate of return on the stock : If you purchased a share of Mico.com stock on March 1, 1993 for $45 and you sold the stock at $168 on February 28, 1998, what was your annual rate of return on the stock?
Discuss types importance and usage as a risk management tool : In your paper you will need to discuss types, importance, typical users, usage as a risk management tool, pricing, effects of regulations, as well as disclosure requirements of the instrument as required by the Securities Exchange Commission.
What is the purpose of the phase compensating capacitor : What can you deduce about the stability of your amplifier from the Bode plots in Part III? What is the purpose of the 'Phase compensating capacitor?
What is the weighted average cost of capital : What is the weighted average cost of capital (WACC) for a firm where debt is 40% of the firm, preferred stock is 10% of the firm, common stock is 50% of the firm, after tax cost of debt is 8%, cost of preferred stock is 12%, and cost of common stock ..
Determine which company is more successful : Ziehart Pharmaceuticals reported net sales of $178,000 and cost of goods sold of $58,000. Candy Electronics Corp. reported net sales of $36,000 and cost of goods sold of $26,200. Calculate the gross profit percentage for both companies. From these ca..
Find current through the capacitor : The voltage across a 4 mF capacitor is (t) = (200,000t 50,000)e-2000t µ(t) V. Find current through the capacitor
What is the purpose of a suture : What is the purpose of a suture? What are some of the important properties that must be considered when selecting a biomaterial for use as a suture? List four biomaterials that are commonly used for sutures.
Medicare billing guidelines : Medicare billing guidelines are believed by many healthcare practitioners to be exceedingly complex. - If yes, support your position.
Advantages of natural biomaterials for medical devices : Discuss three advantages and three disadvantages of natural biomaterials for medical devices. What is the most commonly used natural biomaterial? List three medical applications of the most commonly used natural material.

Reviews

Write a Review

 

Finance Basics Questions & Answers

  Calculate john''s insurance need using the capital retention

a. Calculate John's insurance need using the capital retention approach, an after-tax discount rate of 5.5%, and assume end-of period payment of benefits. b. Calculate John's insurance need using the human life value approach (HLV), an after-tax disc..

  What would be the money multiplier

The SIMPLEX financial system is characterized by a require reserves ration of 11 percent; initial excess reserves are 1 million, and there are no currency or other leakages.

  Cumulative provision related to the preferred stock

The investors' meeting for Harris Company has been in progress for some time. The chief financial officer for Harris is presently reviewing the corporation’s financial statements

  What are the two sources of return on stocks

What are the two sources of return on stocks for the shareholder? What is the relation between the required rate of return on a stock and the two sources of return in the constant dividend growth model?

  Relationship between budgeted and actual profit

1. Calculate the flexed budget and the key variances between budgeted and actual results. 2. Reconcile the original budget and present the relationship between the budgeted and the actual profit for the month November 3. Discuss the calculated varian..

  Over the years union membership has declined due to many

over the years union membership has declined due to many factors. increased competition from other countries that are

  Prepare the journal entry for current tax

Calculate taxable income and prepare the journal entry for current tax payable (the tax rate is 30%) as at 30th June 2014 and using the direct method, prepare the Cash flows from Operating Activities.

  Business administration christina haley of san marcos texas

christina haley of san marcos texas age 61 recently suffered a severe stroke. she was in intensive care for 12 days and

  Prepare a two-page paper on financing ventures in the

prepare a two-page paper on financing ventures in the fashion industry. format the paper in the apa style. include the

  What are american depositary receipts

What are the advantages to both U.S.-based and foreign corporations of issuing stock outside their home markets? What are American depositary receipts (ADRs)? What are American depositary shares (ADSs)?

  Evaluate proposal that jack borrow rather than cash

Verify that the numbers for total interest paid ($4,779.20) and total interest earned ($5,672.56), quoted in the article, and are correct (within rounding).

  What is the yield on a 4-year security with no maturity

An analyst is evaluating securities in a developing nation where the inflation rate is very high. As a result, the analyst has been warned not to ignore the cross-product between the real rate and inflation.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd