Solution-What is the profit percent the company achieved

What is the profit percent the company achieved

Assignment Help Managerial Accounting

Reference no: EM132540363

1. In 2015, a company had net sales of $6,700,000 with costs of goods sold of $3,250,000. The company's operating expenses amounted to $1,900,000.

Question a. What is the profit% this company achieved in 2015?

Question b. The profit of this company was $950,000 in 2014. Show the profit trend between 2014 and 2015 and interpret the meaning of the trend figure obtained.

Reference no: EM132540363

Questions Cloud

What are the inventory turnover ratio and the gross margin : Cost of goods sold,What are the inventory turnover ratio and the gross margin return on inventory investment for 2017? Kent Inc. provided the data.

Calculate the December ending balance of retained earnings : The average income tax rate of 40% applies to all items except the dividends. Calculate the December ending balance of retained earnings

What kind of positive or negative consequences : What kind of positive or negative consequences do you see from this overemphasis on hundred percent capacity utilization rather than customer service level?

Effective ear over the holding period : You buy a bond with a $1,000 par value today for a price of $925. The bond has 7 years to maturity and makes annual coupon payments of $85 per year.

What is the profit percent the company achieved : The profit of this company was $950,000 in 2014. Show the profit trend between 2014 and 2015 and interpret the meaning of the trend figure obtained.

Calculate the profit or loss earned or incurred by the bank : The profit sharing ratio agreed by both parties is 2:1 between the Bank (Rabb al-Mal). Calculate the profit or loss earned or incurred by the bank

Create persuasive plan of your compelling vision : Create a persuasive plan of your compelling vision for organizational innovation revival within the organization.

Solve the individual adrs for single and double rooms : Solve the individual ADRs for single and double rooms for Gordio. The management of 50-room Gordion Hotel, which has single and double

Languages in visualizing data when analyzing big data : Discuss how you foresee using either/both of these languages in visualizing data when analyzing big data.

User Account

All Pages

What is the profit percent the company achieved

Reference no: EM132540363

Reference no: EM132540363

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT