User Account

All Pages

Calculate operating expenses to sales ratio

Assignment Help Accounting Basics
Reference no: EM133147920

Question - Long Pty Ltd reported net sales of $275,000, cost of sales of $110,000, operating expenses of $55,000, profit after tax of $88,000, beginning total assets of $550,000, and ending total assets of $660,000.

a. Calculate Return on assets ratio.

b. Calculate Profit margin ratio.

c. Calculate Gross profit ratio.

d. Calculate Operating expenses to sales ratio.

Reference no: EM133147920

Questions Cloud

Embedding long-term wealth creation : The author of the article "Embedding Long-Term Wealth Creation in the Heart of the Enterprise" describes the notion of recognizing that long-term wealth creatio
How does the solution fit with the external environment : Recommendation (make sure you have gone through the first 2 steps in Diamond-E Framework before making your recommendation.)
Balanced scorecard approach to performance evaluations : What do you think are the advantages and disadvantages of using the balanced scorecard approach to performance evaluations of managers?
Differences in amount of communication : In enterprise architecture what are the differences in amount of communication, information, frequency, method of delivery, etc. for any 5 roles i listed?
Calculate operating expenses to sales ratio : Long Pty Ltd reported net sales of $275,000, cost of sales of $110,000, operating expenses of $55,000, Calculate Operating expenses to sales ratio
Complete sentences with appropriate spelling : The team you have been assigned to consists of four men and three women. One of the male members and one of the female members have publicly identified themsel
Determine marketing channel structure : Determine the marketing channel structure used by the organization. Defend the organization's choice or advocate for a different channel structure.
Eight primary elements deemed : Compare and contrast the eight primary elements deemed necessary for a company-wide innovation management system from The Myth of the Intrapreneur (Links to an
Primary and secondary sources of information : Consider primary and secondary sources of information - outline the main aspects of difference between them, provide two examples of each and explain how each o

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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