Find the operating ratio for sol dry goods

Assignment Help Business Management
Reference no: EM131340297

Find the operating ratio for Sol's Dry Goods if the income statement for the month shows net sales,$15500;cost of goods sold,$8500; gross profit, $7000; operating expenses, $3500; net income, $4500. Express results to the nearest tenth of a percent.

Reference no: EM131340297

Questions Cloud

Organisation expectations in relation to managing : Explain how you can use policies and procedures to make sure you comply with an organisation's expectations in relation to managing quality customer service and following best practice. (150-180 words)
Calculate the flux density : A flux density of 1.8 T exists in an air gap of effective csa 11 cm2. Calculate the value of the flux.
Discuss about the deaf culture and hearing culture : What is "culture"? What are the differences between Deaf culture and hearing culture?Who are part of the Deaf community and why? How do you identify them?What are culturally acceptable behaviors within Deaf community? Why is that?Why do Deaf people d..
What are the motives behind employee behavior : What are the motives behind employee behavior in the Anne Baretta case study?
Find the operating ratio for sol dry goods : Find the operating ratio for Sol's Dry Goods if the income statement for the month shows net sales,$15500;cost of goods sold,$8500; gross profit, $7000; operating expenses, $3500; net income, $4500. Express results to the nearest tenth of a percen..
Calculate the number of turns on the coil : A current of 2.5 A when flowing through a coil produces an mmf of 675 At. Calculate the number of turns on the coil.
Current economic and political environments : Based on the content of this article and your personal experiences, what do you believe are the major challenges facing Jobs with Justice in promoting their mission? Given the current economic and political environments, what do you believe are th..
Calculate the value of the applied mmf : A magnetic field strength of 2500 At/m exists in a magnetic circuit of mean length 45 mm. Calculate the value of the applied mmf.
Performance management system : Create a presentation of an ideal performance management system (PMS) that you would implement as the human resources (HR) manager of an organization (fictional or real). Be sure to include information that addresses the following aspects of your ..

Reviews

Write a Review

Business Management Questions & Answers

  Explain how do you factor the difference of two squares

Explain how do you factor the difference of two squares? Explain how do you factor the perfect square trinomial? Explain how do you factor the sum and difference of two cubes? Which of these three makes the most sense to you? Explain why.

  Explain how m-commerce can expand the reach of e-commerce

First explain how m-commerce can expand the reach of e-commerce and Then imagine you work for a fashion retailer and are in charge of a new mobile advertising campaign designed to generate sales

  Illustrate mick consumption choice in a diagram

Illustrate Mick's consumption choice in a diagram with health club usage on the horizontal axis and other recreational activities on the vertical axis.

  What public relations issues might arise from such decision

How might leaders need to change leadership styles to manage multinational locations? What public relations issues might arise from such a decision?

  Why is the bgs field important to managers

discuss how the concept of corporate responsibility could relate to the Volkswagen diesel car case. To do this, find three to five short news articles on the current issues the VW is facing. Why is the BGS field important to managers

  Moving toward an ethical workplace

Moving Toward an Ethical Workplace As you can see from your reading for the case assignment Lockheed Martin has a very interesting history and this history has had an impact on where the company is today with respect to its existing ethics program.

  Explain the key components of talent management

Explain the key components of talent management including identifying assessing and developing talent and Examine how the talent management process is a strategy for a competitive advantage for your organization.

  Internal and external forces on organization ability

Discuss the impact of both the identified internal and external forces on the organization's ability to develop a competitive strategy. Recommend one (1) strategy that involves the organization's managers in implementing and maintaining the momentu..

  Strategic management is important for success

We all know that people don't plan to fail. Often, they just fail to plan and/or their plans are incomplete and inconclusive.

  Miriam njunge wants to start a small business

Miriam Njunge wants to start a small business importing some products from her native Kenya. Before she starts, some good advice to Miriam

  Tammie monthly payment

Tammie wants to buy a scooter that costs $3,500. Her mom will loan her the money at 5% annual interest as long as she makes monthly payments over the next 3 years. How much will Tammie's monthly payment be?

  Level of federal involvement in healthcare

You work for a freshman congressman who is trying to learn the level of federal involvement in healthcare. He understands that the federal government pays for healthcare, but he is unclear on programs and funding amounts.

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