FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ayayai Corp. reported net income $28000; net sales $422000; and average assets $617000 for 2017. What is the 2017 profit margin?

Ayayai Corp. reported net income $28000; net sales $422000; and average assets $617000 for 2017. What is the 2017 profit margin?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Modeling

Financial Modeling

Authors: Simon Benninga

3rd Edition

0262026287, 9780262026284

More Books

Students also viewed these Accounting questions

Question

★★★★★
The accountants at Eternity Department Store are preparing the pro-forma statement of cash flows for 2010. The following information is available: Actual cash balance, December 31, 2009 . . . . . . ....

Answered: 1 week ago

Question

★★★★★
Explain the theory of constraints.

Answered: 1 week ago

Question

★★★★★
1.7 Voter Attitudes You are a candidate for your provincial assembly, and you want to survey voter attitudes regarding your chances of winning. Identify the population that is of interest to you and...

Answered: 1 week ago

Question

★★★★★
Heathrow issues $200,000 of 6%, 15-year bonds dated January 1, 2011, that pay interest semiannually on June 30 and December 31st. The bonds are issued at a price of $1,728,224. HEATHROW Bonds issued,...

Answered: 1 week ago

Question

★★★★★
(Apache Spark) In how many ways can RDDs be created? Please provide details

Answered: 1 week ago

Question

★★★★★
Explain how maturity preference theory for the term structure of interest rates could account for a downward-sloping term structure of interest rates. For the toolbar, press ALT+F10 (PC) or...

Answered: 1 week ago

Question

★★★★★
4. A cylinder with radius r = 0.75m and length 0.6 m has an infinite line of positive charge along its axis. The charge per unit length is 7 uC/m. (a) Calculate the electric flux through the surface...

Answered: 1 week ago

Question

★★★★★
A charge of 6 C is moved from a point, the potential at which is 120 V, to another point of potential V. If the energy required to do so is 250 Joule, calculate V.

Answered: 1 week ago

Question

★★★★★
The electric potential at a point due to a point charge' q' is 50 V and the electric field at the same point is

Answered: 1 week ago

Question

★★★★★
14. If the potential at any point in two dimensional pla is given as V(x)=4x +4. Find the electric field an potential at (2, 0).

Answered: 1 week ago

Question

★★★★★
15. Four point charges of magnitude 2 C, -2, -3 and 6 C are kept at the four vertices of a square ABCD, with side 2 m. Find out the potential at the centre of the square.

Answered: 1 week ago

Question

★★★★★
=+15. Did you create a campaign that would create buzz?

Answered: 1 week ago

Question

★★★★★
=+11. Did you succinctly state the big idea that will drive the slogan?

Answered: 1 week ago

Question

★★★★★
=+9. Did you answer the consumer's question Why buy?

Answered: 1 week ago

Previous Question Next Question