4--

no explanation needed

4. Bisson Inc. has a profit margin of 12% and an investment turnover of 2.5. Sales revenue is $700,000. What is the operating income? Answer: TABLE 11.2A 89 3% 5% 3% 3.75% Periods 1 2 3 4 5 6 7 e 9 10 20 23. 0.9804 0.9612 0.9423 09238 0.9057 0.8360 C8706 0.8535 0.8348 0.8203 0.6730 0.9709 0.9426 0.9151 Q.888S 0.8626 0.85375 0.8131 0.7894 0.7664 07441 0.5537 0.9539 0.9290 0.9954 0.8631 0.8319 0.8018 0.7728 0.7449 0.7180 0.8920 0.4789 4% 09615 0.9246 0.8990 0.8518 0.8219 0.7903 0.7599 0.7307 0.7026 0.6756 0.4564 4.25% 0.9922 0.9201 0.8326 D8466 08121 0.7790 0.7473 0.7168 0.6876 0.6595 04350 0.9524 0.9070 BA38 0.8227 07835 0.7462 0.7107 06788 0.6446 0.6139 0.3769 0.9434 0.8900 0.8396 0.7921 0.7473 0.7050 0.6651 0.6774 0.5919. 0.5584 0.3118 7% 0.9346 0.8734 0.8163 0.7629 0.7130 0.6663 0.6227 0.5820 0.5439 0.5083 0.2584 0.9259 08573 07938 0.7350 0.6806 06302 0.5835 Q.5403 0.5002 0.4632 0-2145 Periods 9% 10% 11% 14% 15% 1 2. 3 4 5 6 7 8 9 10 20 0.9174 0.5417 0.7722 0.7084 0.6402 0.5963 0.5476 0.8019 DAO 04 0.1784 0.9094 0.3264 7513 0.5830 06207 1.5645 05122 04665 04241 02855 0.1486 09009 0.8116 0.7312 0.6587 0.5935 0.5316 0.4817 0.4339 0.3999 0.3572 0.1240 12% 0.8929 0.7972 0.7118 0.6355 0.5674 0.5066 04523 0.4039 0.35076 0.2220 0.1037 13% 0.8850 0.7831 0.6931 0.6133 0.5428 0.4803 0.4251 0.3762 0.3329 0.2916 9.0888 0.8772 0.7695 0.6750 0.5921 0.5194 0.4556 0.3996 0.3506 0.3075 0.2677 0.0728 OB696 0.7551 0.6575 0.5718 04972 0.4323 0.3759 0.3269 02843 02472 0.0611 20% 0.933 0.6944 0.5787 0.4823 0.4019 0.3349 0.2791 0.2326 0.1938 0:1615 0.0261 25% QBZO 0.6400 0.5120 04096 0.327 0.2621 0.2097 0.1678 0.1342 0.1074 0.0115 To determine how much $1,000 to be nceived Present Value of Annalty of:$1.26 TABLE 11.4A 5% 7% 8% Pukich 2% 3% 3.75% 0.9639 1.8929 27883 3.6514 4.4833 5.7851 6.0679 681 75202 3.2128 13Z 0.98044 1.16 2.8877 3.5077 4.7135 5.8014 6.4/20 7255 8.1672 3.625 16.3614 4% 0.9615 18861 27751 34299 44518 5.2421 60021 67327 74353 6.1108 12.5 5 6 7 $ 4.25% 0.9512 1.87M 2.7620 10K 4207 5.1997 5.970 6.66 7.2513 3.0109 13.2941 13% 0.9524 1.8594 2.7232 3.560 4.3295 5.0757 5.78A 6.1632 7.1078 7.7217 12.1622 0.9634 1.8335 26730 3.4661 42124 4.9173 5.5824 6.2018 6.8017 7205 11.469 0.9346 1.8080 26243 3.3872 4.1002 4.7665 5289a 5.9713 6.5152 7.62236 10.SMO 10 20 09109 1.9135 226 37171 45797 54172 : 62363 7.0197 7.701 3.5.2 14.8775 10% 0.9091 1.7355 ZA 3.1697 3.7908 4.33 43084 5.33419 5790 6.1466 8.513) Perlede 9% -NON 0.9259 1.7833 25771 3.3121 2.9977 4.679 5.2014 5.7466 6.2459 6.7101 9.3181 25% 0.000 1.4400 1.9520 23616 2.6893 2.7514 3.1411 3.3289 3.4631 35735 3.9339 12% DAVAD 1.8901 2.4018 2.0373 3.8002 0.900 1.7125 2.4437 3-1044 3159 1.2005 4.7122 0.0174 1.7991 25313 3.71 3.8292 4487 5.330 5.5343 59952 6.4177 9.1285 5 14% 0.8772 1.6467 2.3216 2.9137 3.4331 3.8887 4.2013 46389 4.9864 5.2754 6,6231 15% 0.196 16257 2.2832 2.8550 3.3522 3.755 4.1604 44573 4.7716 SD158 0.8550 1.0981 23612 2.9745 3.5172 3.995 4.4926 207968 5.1317 S4262 7.0248 20% 0.8338 1.5278 2.1065 25887 2.9906 3.3255 3.6046 3.8372 0310 4.1925 4.89 8 5.5461 5.5370 5.1992 7.9633 4.5439 4.9676 5.3232 5.802 7.4644 62393