Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can you please help on these questions Question 28 Sam's Appliances Income Statement ending 12/31/18 includes the following, in millions: Net Sales: $462 Cost of

can you please help on these questions image text in transcribed
image text in transcribed
image text in transcribed
Question 28 Sam's Appliances Income Statement ending 12/31/18 includes the following, in millions: Net Sales: $462 Cost of Goods: $235 Gross Profit: $227 Operating Expenses: $181 EBIT: $46 What is the gross margin for Sam's Appliances for the year ending 2018? 49.2% 29.236 20.6% 30.9% Question 29 Sam's Appliances Income Statement ending 12/31/18 includes the following in millions: Net Sales: $462 Cost of Goods: $235 Gross Profit: $227 Operating Expenses: $181 EBIT: $46 What is the operating profit margin for Sam's Appliances for the year ending 2018? 6.0% 10.0% 12.4% 20.6% Question 31 SaltiSweet revenue per unit: $0.86 Distribution mark-up: 15% Units per retail box: 4 Whole Foods Gross Margin: 40% To calculate the correct cost per retail box to Whole Foods (WF COGS):? (SaltiSweet Revenue per unit 4 units per retail box) Distribution Mark-Up = $3.96 Whole Foods Required Gross Margin / (1 - SaltiSweet Revenue) $2.96 Not enough information to solve the problem Whole Foods Required Gross Margin (1 - SaltiSweet Revenue) - $5.99 (SaltiSweet Revenue per unit 4 units per retail box) / Distribution Mark-Up = $8.60

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

Step: 3

blur-text-image

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

Public Finance

Authors: Harvey S Rosen, Ted Gayer

9th International Edition

0071267883, 9780071267885

More Books

Students also viewed these Finance questions

Question

The model in Exercise 31 starting from (0.5, 1).

Answered: 1 week ago