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Based on the following information, calculate the profit margin. Net sales revenue $ 900,000 Bills $500,000 Interest $10,000 Income from tax expenses $90,000 Net cash
Based on the following information, calculate the profit margin.
| Net sales revenue | $ 900,000 |
| Bills | $500,000 |
| Interest | $10,000 |
| Income from tax expenses | $90,000 |
| Net cash from operations | $290,000 |
| Assets at the end of the current year | $600,000 |
| Liabilities at the end of the current year | $100,000 |
| Shareholders' equity at the end of the current year | $500,000 |
| Assets at the end of the previous year | $ 590,000 |
| Equity at the end of the previous year | $490,000 |
| common shares outstanding | 40,000 shares |
| current market price of shares | $15 per share |
Based on the following information, calculate the price/earnings ratio.
| Net sales revenue | $ 900,000 |
| Bills | $500,000 |
| Interest | $10,000 |
| Income from tax expenses | $90,000 |
| Net cash from operations | $290,000 |
| Assets at the end of the current year | $600,000 |
| Liabilities at the end of the current year | $100,000 |
| Shareholders' equity at the end of the current year | $500,000 |
| Assets at the end of the previous year | $ 590,000 |
| Equity at the end of the previous year | $490,000 |
| common shares outstanding | 40,000 shares |
| current market price of shares | $15 per share |
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Fundamental Managerial Accounting Concepts
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Olds
8th edition
978-1259569197
