User Account

All Pages

Calculate the profit margin and gross profit rate

Assignment Help Accounting Basics
Reference no: EM132476582

Question - Crane Corporation reported net sales of $164,000, cost of goods sold of $82,000, operating expenses of $34,300, other expenses of $10,100, net income of $8,200.

Calculate the following values -

1. Profit margin.

2. Gross profit rate.

Reference no: EM132476582

Questions Cloud

Long-run impact of government policies : Suppose that a caretaker government reduces government purchases and increases taxes.
What is the total amount : Alex Campbell works for Terra Solar Company. What is the total amount both he and his company will pay for his contribution to Social Security for pay period
Unemployment rate and inflation in the long run : Is there a trade-off between the unemployment rate and inflation in the long run? How is the long run aggregate supply curve related to the long run Phillips
Opportunity cost of 1 unit of avocado in bandor : Suppose that Gwenor (Tuvalu) can produce 90 tonnes of corn or 200 tonnes of avocado.
Calculate the profit margin and gross profit rate : Crane Corporation reported net sales of $164,000, cost of goods sold of $82,000, operating expenses of $34,300, Calculate Profit margin and Gross profit rate
Calculate the change in quantity of money : If the Bank of Canada purchases $500 million worth of bonds from the public in an open market operation, calculate the change in quantity of money
National savings-private savings and public savings : a) Calculate national savings, private savings and public savings. b) Determine the equilibrium interest rate.
Determine the amounts to be reported for cost of goods sold : Purchases $610,000; Purchase Returns and Allowances $25,600; Purchases Discounts $10,500; Determine the amounts to be reported for cost of goods sold
Convert the static budget into a flexible budget : Convert the static budget into a flexible budget. Calculate the variances. Baird Medical Equipment Company makes a blood pressure measuring kit. Jason McCoy

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