What is the company gross profit margin

Assignment Help Financial Accounting
Reference no: EM132934237

Question - During a fiscal year, a company had $30,000,000 in total sales. It had a cost of goods sold (COGS) of $20,000,000 and $6,000,000 in non-specific additional expenses. What is the company's gross profit margin?

Reference no: EM132934237

Questions Cloud

How much cash was provided in operating activities : Net cash used in investing activities was $ 52,000 and net cash used in financing activities was $ 38,000. How much cash was provided in operating activities?
Which of the theory do think would best help organization : Which of the theory do think would best help the organization attract back these workers quickly? A courier service laid off a large percentage of production.
Which of the statement is false about self-concept : Which of the statement is FALSE about self-concept? The influence of the peer group may be over-emphasized, but certainly the difficulty of choosing models
Which decision making error is the firm making : Which decision making error is this firm making? WindTunnel Ltd, a manufacturer of commercial vacuum cleaner systems, has heard.
What is the company gross profit margin : It had a cost of goods sold (COGS) of $20,000,000 and $6,000,000 in non-specific additional expenses. What is the company's gross profit margin
Three negative impacts of this increase to our planet : Describe the factors (at least 2) that have led to the increase in the rate of human population growth. Discuss at least three negative impacts of this increase
Which statement about calculus model is true : Which statement about calculus model is TRUE? Handy argues that motivation is affected by persons needs and expectations of results.
What is the value of its P-E ratio : If its current net income is $10 per share and it has 1.5 million shares outstanding, what is the value of its P/E ratio
Which gives the best description of the management function : Which gives the BEST description of the management function called leading? Determining what is to be achieved, setting goals, and identifying appropriate steps

Reviews

Write a Review

Financial Accounting Questions & Answers

  The accounts receivable account has total debit postings

James purchased a new computer for the company on account. The transaction will: The Accounts Receivable account has total debit postings of $2,900 and credit postings of $300. The balance of the account is:

  What condition introduce by bank of international settlement

What conditions were introduced by the Bank of International Settlements (BIS) to allow large banks to use internally generated models for the measurement

  Discuss how this influence takes effect

in which countries does taxation tend to have a major influence on published company accounts? Discuss how this influence takes effect and what the position is regarding the treatment of taxation in consolidated accounts.

  Calculate the total dividends and the per-share dividends

Prairie Fire Snowmobile Corp. manufactures and sells snowmobiles in Wisconsin, Minnesota and the Dakotas. A publicly owned corporation, the company’s outstanding stock consisted of 5,000 shares of 10%, $20 par cumulative Preferred Stock and 10,000 sh..

  Price resulted in effective-interest rate

Lorance Corporation issued $800,000, 9%, 10-year bonds on January 1, 2015, for $750,150. This price resulted in an effective-interest rate of 10% on the bonds.

  How should declared but unpaid dividends be recorded the

how should declared but unpaid dividends be recorded? the problem states that the company has a yearend date of dec

  Six sigma methodology for process improvement

In chapter 4 we discussed the six sigma methodology for process improvement (DMAIC). Give an example of how this process could be used to structure a spend analysis effort.

  Calculate the current estimate of the covariance

Calculate the current estimate of the covariance between the assets. Suppose that the current daily volatilities of asset A and asset B are 1.65%

  Should management continue with the initial public offering

If XYZ management is hoping for the initial share price to be $35, should management continue with the initial public offering

  Check a governmental and a not-for-profit program

Check a governmental and a not-for-profit program

  Personal residence with a fair market value

Miller owns a personal residence with a fair market value of $236,450 and an outstanding first mortgage of $189,160. Miller gets a second mortgage on the residence and in return borrows $11,823 to purchase new jet skis. Interest on the $ of first and..

  What amount should be reported on bellair income statement

What amount should be reported on Bellair's income statement for the year ended December 31, 2020, under the caption "discontinued operations"?

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