[Solved] Susies Cafe had total sales last year of

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 14, 2024

Susies Cafe had total sales last year of exist437, 264, with a total gross profit of exist98, 123 and a net income of exist46, 350.

Susies Cafe had total sales last year of exist437, 264, with a total gross profit of exist98, 123 and a net income of exist46, 350. Calculate the profit margin for the year 47.24% 15.80% 22.44% 10.60%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 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

Portfolio Of Marketing Audits Company Self Assessment Audits

Authors: David Crosby

1st Edition

ISBN: 1902433157, 978-1902433158

More Books

Students also viewed these Accounting questions

Question

★★★★★

A runner is at the position x = 0 m when time t = 0 s. One hundred meters away is the finish line. Every ten seconds, this runner runs half the remaining distance to the finish line. During each...

Answered: 1 week ago

Question

★★★★★

Describe the normal distribution.

Answered: 1 week ago

Question

★★★★★

40. Show that if {Ni(t),t 0} are independent Poisson processes with rate i, i = 1, 2, then {N(t),t 0} is a Poisson process with rate 1 + 2 where N(t) = N1(t) + N2(t).

Answered: 1 week ago

Question

★★★★★

Preparing a sales budget and schedule of cash receipts McCarty Pointers Corporation expects to begin operations on January 1, 2012; it will operate as a specialty sales company that sells laser...

Answered: 1 week ago

Question

★★★★★

A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that total factory overhead costs would be $338,000 and direct labor hours...

Answered: 1 week ago

Question

★★★★★

choose a different type of available business entity. Explain how it is created and how it deals with control, liability of its owners to each other and third parties, financing the business,...

Answered: 1 week ago

Question

★★★★★

NAPSTER'S REVOLUTION Eighteen - year old Shawn "NAPSTER" Fanning, then a freshman at Northeastern University, dropped out of school and founded Napster Inc. (website was at w.w.w.napster.com) in San...

Answered: 1 week ago

Question

★★★★★

The following statements were printed in journal articles in the field of psychology. Explain to a person who is unfamiliar with the concept of confidence intervals what each statement means. "The...

Answered: 1 week ago

Question

★★★★★

ntent/7227252/fullscreen/54164648/View ignment A major automotive manufacturer has announced that it will close a manufacturing plant in Ohio. The manufacturer has seen declines in automobile sales...

Answered: 1 week ago

Question

★★★★★

Imagine it is currently the first day of 2019. The corporate tax rate is 40% and the WACC is estimated to be 13% pa. Suppose also that there is no surplus cash in any year and that Terminal Value...

Answered: 1 week ago

Question

★★★★★

A "place-based" IUOP does the following: Question 12 options: a) if you are a victim of income inequality, the IUOP will hold your "place" in line so that you can apply for benefits, goods, and...

Answered: 1 week ago

Question

★★★★★

3. Read a famous or familiar speech (such as Martin Luther Kings I Have a Dream speech) or watch one online. (A great site to consider is TED, which offers inspirational speeches about ideas worth...

Answered: 1 week ago

Question

★★★★★

4. When creating the outline for your speech, write each main point on a separate index card. Spread the cards out on a table and then pick them up in the most logical order. Does this order match...

Answered: 1 week ago

Question

★★★★★

1. LaunchPad for Real Communication offers key term videos and encourages selfassessment through adaptive quizzing. Go to bedfordstmartins.com/realcomm to get access to: LearningCurve Adaptive...

Answered: 1 week ago

Previous Question Next Question