User Account

All Pages

Compute the? firm operating profit margin

Assignment Help Accounting Basics
Reference no: EM133034585

Question - Last year the P. M. Postem Corporation had sales of $435,000?, with a cost of goods sold of $114,000. The? firm's operating expenses were $129,000?, and its increase in retained earnings was $92,200. There are currently 20,000 shares of common stock? outstanding, the firm pays a $1.63 dividend per? share, and the firm has no? interest-bearing debt.

a. Assuming the? firm's earnings are taxed at 35 ?percent, construct the? firm's income statement.

b. Compute the? firm's operating profit margin.

Reference no: EM133034585

Questions Cloud

Complete the table to record the amount of principal : On January 1, 2020 Plumbus Inc. is issued a notes payable for $29,200. Complete the table to record the amount of principal and interest
Team effectiveness model : Problem: An effective team is one of the pillars to nurture a high-performance culture. Using the Team Effectiveness Model
Statements about the process of knowing : Socrates argued that 'The only things that I truly know is that I know nothing' (simplified translation). 2000 years later, neuroscientist Jeff Lichtman, expres
Calculate the most current days of working capital : Select a company of your choice, and calculate the most current days of working capital (DWC) that are available. Review page 656 in the textbook, and watch the
Compute the? firm operating profit margin : Last year the P. M. Postem Corporation had sales of $435,000?, with a cost of goods sold of $114,000. Compute the? firm operating profit margin
How much is the liability of NOREEN on January : NOREEN agrees to repurchase the truck on December 31, 2020 for P3,630,000. How much is the liability of NOREEN on January
What the value of the coupon payment : Macquarie Bank 7% coupon bonds are trading at a yield of 6% and have 3 years until maturity with a $100 face value. What the value of the coupon payment
What the annual cash flow excluding the capital outlay : Net Profit p.a. (before Depreciation and Tax) $50,000. What the annual cash flow (excluding the capital outlay) for each year
Professional communication from normal communication : Distinguish professional communication from normal communication. Provide specific examples of how you would communicate both face-to-face conversations and vir

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