Procter & Gamble reported the following information for its fiscal year end: On net sales of $51.407
Question:
Procter & Gamble reported the following information for its fiscal year end: On net sales of $51.407 billion, the company earned net income after taxes of $6.481 billion. It had a cost of goods sold of $25.076 billion and EBIT of $9.827 billion. What are the company’s gross profit margin, operating profit margin, and net profit margin?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (16 reviews)
Net sales 51407 billion Net income 6481 billion Cost of good...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
Question Posted:
Students also viewed these Corporate Finance questions
-
The company reported the following information for the year: Compute (1) inventory turnover and (2) number of days' sales in inventory. Beginning accounts receivable Salw Ending accounts receivable...
-
The company reported the following information for the year: Beginning accounts receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,000 Sales . . . . . . . . . . . . . . . . . . . ....
-
The company reported the following information for the year: Ending work-in-process inventory . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . $100,000 Depreciation on...
-
Farley, Inc., is a manufacturer that produces customized computer components for several wellknown computer-assembly companies. Farleys latest contract with CompWest.com calls for Farley to deliver...
-
What are some of the reasons that business users want to develop computer applications (user application development) rather than rely on only IS-developed applications?
-
Kenneth Cole Productions (KCP) was acquired in 2012 for a purchase price of $15.25 per share. KCP has 18.5 million shares outstanding, $45 million in cash, and no debt at the time of the acquisition....
-
A researcher reports an F-ratio with df 5 3, 24 from an independent-measures research study. a. How many treatment conditions were compared in the study? b. What was the total number of participants...
-
Answer- Mike Greenberg opened Swifty Window Washing Co. on July 1, 2020. During July, the following transactions were completed. July 1 Owner invested $14,200 cash in the company. 1 Purchased used...
-
Ned Finkle, the business manufacturer for ice-cream products, is pleased that more pounds of ice cream were sold than budgeted and that revenues went up. Unfortunately, variable manufacturing costs...
-
You are the vice president for software development at a small, private firm. Sales of your firms products have been strong, but you recently detected a patent infringement by one of your larger...
-
Cisco Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $22.045 billion. Its net profit margin for the year is 20 percent, while the operating profit margin...
-
Wal-Mart, Inc., has net income of $9,054,000 on net sales of $256,329,812. The company has total assets of $104,912,112 and stockholders equity of $43,623,445. Use the extended DuPont identity to...
-
On January 1, 2014, Blair Corporation purchased for $500,000 a tract of land (site number 101) with a building. Blair paid a real estate broker's commission of $36,000, legal fees of $6,000, and...
-
use z scores to compare the given values. Pulse Rates Based on Data Set 1 "Body Data" in Appendix B, males have pulse rates with a mean of 69.6 and a standard deviation of 11.3; females have pulse...
-
(All answers were generated using 1,000 trials and native Excel functionality.) At a local university, the Student Commission on Programming and Entertainment (SCOPE) is preparing to host its first...
-
50 45 40 35 30 25 20 15 10 5 Graph 1 Percent of observers that reported seeing individual consumers exhibit the behavior under consideration Calmness Courteousness Happiness Anxiety Excitement...
-
ProForm acquired 60 percent of ClipRite on June 30, 2020, for $1,140,000 in cash. Based on ClipRite's acquisition-date fair value, an unrecorded intangible of $400,000 was recognized and is being...
-
Find the regression equation, letting the first variable be the predictor (x) variable. Using the listed lemon/crash data, where lemon imports are in metric tons and the fatality rates are per...
-
Does competition help or hurt the valuation of a business? Explain. LO-1
-
A seasonal index may be less than one, equal to one, or greater than one. Explain what each of these values would mean.
-
Referring to Question 1, explain how the control system that you identified deals with uncertainty. Data in Question 1 Describe the control systems used in one organization with which you are...
-
What does "4/15, net 30" mean?
-
You are provided the following working capital information for the Blue Ridge Company: If all sales are made on credit, what are the firm's operating and cash conversion cycle s? Company. Account...
-
Merrifield Cosmetics calculates that its operating cycle for last year was 76 days. The company had $230,000 in its accounts receivable account and had sales of $1.92 million. Approximately how many...
-
3. How much life insurance do you need? Calculating resources - Part 2 Aa Aa E Paolo and Maria Rossi have completed Step 1 of their needs analysis worksheet and determined that they need $2,323,000...
-
On March 1, LGE asks to extend its past-due $1,200 account payable to Tyson, Tyson agrees to accept $200 cash and a 180-day, 8%, $1,000 note payable to replace the account payable. (Use 360 days a...
-
*Prepare the plant assets section of Amphonie's balance sheet at December 31, 2021 using the information below. At December 31, 2020, Amphonie Company reported the following as plant assets. Land $...
Study smarter with the SolutionInn App