What is local net profit margin

Assignment Help Finance Basics

Reference no: EM131798046

Question: Local Co. has sales of $10.4 million and cost of sales of $6.3 million. Its selling, general and administrative expenses are $450, 000 and its research and development is $1.4 million. It has annual depreciation charges of $1.5 million and a tax rate of 35%.

a. What is Local's gross margin?

b. What is Local's operating margin?

c. What is Local's net profit margin?

Reference no: EM131798046

Questions Cloud

By how much would change in capital structure improve ROE : Last year Jandik Corp. had $250,000 of assets (which is equal to its total invested capital), $18,750 of net income, and a debt-to-total-capital ratio of 37%.

Explain at least five elements of critical thinking : Summarize the content and explain why you think it demonstrates the absence of good, critical thinking skills.

What effect does strike have on the option expected return : Let S = $100, sigma = 30%, r = 0.08, t = 1, and delta = 0, Suppose the true expected return on the stock is 15%. Set n = 10.

What is bill current year net taxable income or loss : Bill has a $15,000 passive loss, a $12,000 passive gain, $20,000 of active income, What is Bill's current year net taxable income or loss

What is local net profit margin : Local Co. has sales of $10.4 million and cost of sales of $6.3 million. Its selling, general and administrative expenses are $450, 000 and its research.

What is the value per share of hupta : Using the dividend discount model, assuming dividends grow at 10% in 2003 and at 5% thereafter, what is the value per share of Hupta at 12/31/02

What was the net increase in the merchandise inventory : What was the net increase in the merchandise inventory, How much was paid to the vendor

What is the amount pay for the washing machine today : The local home improvement store has a washing machine on sale for 1526, with the payment due in 2 years from today. The store is willing to discount the price.

What is a variable interest entity : What is a variable interest entity? Explain the difference between the voting interest model and the risk and reward model

User Account

All Pages