Explain how to calculate a business' profit margin. What is this ratio used for?
Question:
Explain how to calculate a business' profit margin. What is this ratio used for?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Calculating and Understanding a Business Profit Margin There are two main profit margin ratios used in business analysis gross profit margin and net profit margin Both provide valuable insights into a ...View the full answer
Answered By
Muqadas Javed
I am a mentor by profession since seven years. I have been teaching on online forums and in universities. Teaching is my passion therefore i always try to find simple solution for complicated problems or task grasp them so that students can easily grasp them.I will provide you very detailed and self explanatory answers and that will help you to get good grade. I have two slogans: quality solution and on time delivery.
4.60+
24+ Reviews
144+ Question Solved
Related Book For
Accounting Information For Business Decisions
ISBN: 9780170253703
2nd Edition
Authors: Billie Cunningham, Loren A. Nikolai, John Bazley, Marie Kavanagh, Geoff Slaughter, Sharelle Simmons
Question Posted:
Students also viewed these Business questions
-
This assignment is an individual assignment. This assignment requires you to prepare a Business Case base on the following questions: Explain what approaches can be used to include environmental...
-
A Case Study of Financial Reporting Issues Qing L. Burke Tim V. Eaton Miami University Alibaba Group Initial Public Offering: A Case Study of Financial Reporting Issues ABSTRACT: In September 2014,...
-
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
-
Find all values of 0, if 0 is in the interval [0, 360) and has the given function value. cot 0= -1 0= (Type your answer in degrees. Use a comma to separate answers as needed.)
-
Deng Acrobats lent NT$16,529 to Donaldson, Inc., accepting Donaldson's 2-year, NT$20,000, zero-interest-bearing note. The implied interest rate is 10%. Prepare Deng's journal entries for the initial...
-
What is the osmotic pressure, in bar, of 15.2 L of a 0.312 M starch solution at 75 C? (a) 13721.1; (b) 194.5; (c) 355.7; (d) 0.0016; (e) 9.03.
-
Consider a population that contains values of x equal to 00,01,02, 03,. . . ,96, 97,98,99. Assume that these values of x occur with equal probability. Use the computer to generate 500 samples, each...
-
Suppose that Wabash completes the house one month later than promised. Inclement weather, which was no ones fault, caused the tardiness. Explain how the court might compute efficient damages.
-
Question 3: AICIRA REPAIRS began operations on January 2019. At the end of the first year operations, the trial balance before adjustment shows the following: AICIRA REPAIRS Trial Balance as at 31...
-
Explain what is included in a business' statement of changes in owner's equity and how the statement is used.
-
Red Centre uses the FIFO inventory cost flow assumption. It includes the following amounts in the company's financial statements: The company sells only one product, and purchases and sales are made...
-
Frost Company accumulated the following standard cost data concerning product I-Tal. Materials per unit: 2 pounds at $5 per pound Labor per unit: 0.2 hours at $14 per hour Manufacturing overhead:...
-
At March 31, account balances after adjustments for Vizzini Cinema are as follows: Account Balances Accounts Cash Supplies Equipment (After Adjustment) $11,000 4,000 50,000 Accumulated...
-
2. "A student holds a thin aluminum pie pan horizontally 2 m above the ground and releases it. Using a motion detector, she obtains the graph shown in Figure P3.12. Based on her measurements, (a)...
-
Mark has two sticks, 25 inches, and 20 inches. If he places them end-to-end perpendicularly, what two acute angles would be formed when he added the hypotenuse?
-
A wedding website states that the average cost of a wedding is $29,205. One concerned bride hopes that the average is less than reported. To see if her hope is correct, she surveys 36 recently...
-
2. (10 pts each) Use partial fractions decomposition and the tables to find the inverse z- transform of each of the following: a. X(z)= 6z-z z3-4z2-z+4 4z2 b. G(z)=- (z-1) (z-0.5) 3z +1 c. X(z) =...
-
TerraCyclea company co-founded by Canadian entrepreneurs Tom Szaky and Jon Beyermakes a wide range of eco-friendly products from garbage. Szaky observes that the primary purpose of business has...
-
What are the before image (BFIM) and after image (AFIM) of a data item? What is the difference between in-place updating and shadowing, with respect to their handling of BFIM and AFIM?
-
Examine the last column in Table for the following personnel only: security officer, chief information officer (CIO), systems development manager, quality assurance, and systems programming. For each...
-
Examine the last column in Table for the following personnel only: security officer, chief information officer (CIO), systems development manager, quality assurance, and systems programming. For each...
-
Research the Internet, newspapers, magazines, and journals to find recent incidences of outages of one or more Web sites. Develop a report (for-mat and length to be determined by your instructor)...
-
Which of the following statements regarding traditional cost accounting systems is false? a. Products are often over or under cost in traditional cost accounting systems. b. Most traditional cost...
-
Bart is a college student. Since his plan is to get a job immediately after graduation, he determines that he will need about $250,000 in life insurance to provide for his future wife and children...
-
Reporting Financial Statement Effects of Bond Transactions (please show me how you got the answers) Lundholm, Inc., which reports financial statements each December 31, is authorized to issue...
Study smarter with the SolutionInn App