Practice: If XYZ Company has net sales of $500,000 and net income of $25,000, the profit margin is:

Subjects

All Chapters | |||||
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Ch. 1 - Introduction to Accounting | 1hr & 21mins | 0% complete | |||

Ch. 2 - Transaction Analysis | 1hr & 14mins | 0% complete | |||

Ch. 3 - Accrual Accounting Concepts | 2hrs & 38mins | 0% complete | |||

Ch. 4 - Merchandising Operations | 2hrs & 31mins | 0% complete | |||

Ch. 5 - Inventory | 1hr & 55mins | 0% complete | |||

Ch. 6 - Internal Controls and Reporting Cash | 1hr & 16mins | 0% complete | |||

Ch. 7 - Receivables and Investments | 3hrs & 17mins | 0% complete | |||

Ch. 8 - Long Lived Assets | 5hrs & 6mins | 0% complete | |||

Ch. 9 - Current Liabilities | 2hrs & 19mins | 0% complete | |||

Ch. 10 - Time Value of Money | 1hr & 27mins | 0% complete | |||

Ch. 11 - Long Term Liabilities | 2hrs & 45mins | 0% complete | |||

Ch. 12 - Stockholders' Equity | 2hrs & 15mins | 0% complete | |||

Ch. 13 - Statement of Cash Flows | 2hrs & 24mins | 0% complete | |||

Ch. 14 - Financial Statement Analysis | 5hrs & 27mins | 0% complete | |||

Ch. 15 - GAAP vs IFRS | 56mins | 0% complete |

Additional Practice |
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Ratios Cumulative Problems |

Practice: If XYZ Company has net sales of $500,000 and net income of $25,000, the profit margin is:

Practice: A company has income before taxes of $100,000. Net sales are $400,000 and gross profit is $300,000. What is the profit margin, assuming the company has a 40% tax rate?

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Concept #1: Ratios: Profit Margin

Practice #1: Profit Margin

Practice #2: Profit Margin

Consider the following financial data for Larry’s Pool Supply:
Calculate Larry’s net profit margin.
a. 4.16%
b. 8.23%
c. 5.96%
d. 11.24%
e. 17.82%

Consider the following:
What is the net profit margin?
A) 24.31%
B) 24.24%
C) 18.34%
D) 19.05%

L Company reported the following results for the year:
Sales $ 2,000,000
Gross Profit 900,000
Net Income 360,000
Cash from Operating Activities 720,000
L Company’s profit margin was:
a) 45%
b) 40%
c) 18%
d) 36%

Assume you are given the following relationships for the Warner Corporation:
Calculate Warner’s profit margin.
a. 15.49%
b. 2.58%
c. 4.29%
d. 1.66%
e. 9.31%

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