1. $ 2. AWN - 3. Sales Revenue Variable Expenses 4. 415,000 $ 150,000 336,000 55,000 83,000 117,000 126,000 11,000 Total $ Margin 332,000 33,000 210,000 44,000 Fixed Expenses 66,400 $ 33,000 50,000 24,700 Net Income 265,600 0 160,000 19,300 Break-Even Sales $ Revenue 83,000 150,000

Q: Which of the following is NOT one of the ratios in Profitability group? Select one: a. Quick ratio…

A: Profitability ratios are those ratios which helps in measuring and determining the profitability of…

Q: Which of the following ratios is always the lowest? a. The net profit margin b. The gross profit…

A: Profit margin is a financial metric that measures profitability of a business or a specific product…

Q: How do you make a horizontal analysis on an income statement and balance sheet?

A: Horizontal analysis of financial statements: In horizontal analysis of financial statement, the…

Q: I thought for an Income Statement you only need serivce revenue, subract expenses and then you get a…

A: Income statement - It is a type of financial statement which displays the Revenue and Expenses…

Q: What is the income statement formula?

A: Introduction: Income statement: All revenues and expenses are recorded in Income statement. it tells…

Q: What financial ratio is predominantly used to determine profitability?

A: Return on Investment: Return on Investment (ROI) is a performance measuring ratio utilized to assess…

Q: Before you look at the profit which is the last number on the income statement which number would be…

A: An income statement, also known as a profit and loss statement or P&L statement, is a financial…

Q: What are the ways that payments by a seller to a customer is done?

A: Accounting is primarily concerned with identifying, recording, measuring, summarizing transactions…

Q: hohw do you make an income statement

A: Income statement: The financial statement which reports revenues and expenses from business…

Q: What is the formula to find net revenue in this spreadsheet?

A: Definition: Revenues: Revenues are earnings from the operations of a business. The operating…

Q: How did they get the income summary?

A: Lets understand the basics. Income summary is summary which reflects the all the revenue and expense…

Q: How can we determine the net income from operations and then adjust the net income?

A:

Q: How should the financial statement user explain the reference to revenue growth?

A: When explaining revenue growth in a financial statement, the user should consider the following…

Q: how do you get sales revenue?

A: Required  How do you get sales revenue?

Q: Explain profitability index

A: Profitability index is a financial tool which tells us whether an investment should be accepted or…

Q: Want The Correct Answer with calculation and explanation in text mode

A: 1) Contribution Margin Ratio:Contribution Margin Ratio is a measure of a company's profitability…

Q: What methods are used to forecast sales?

A: Historical Sales Data Analysis: This method involves a detailed analysis of past sales data to…

Q: Explain profitability ratios

A: SOLUTION:- A profitability ratio is a measure of profitability, which is a way to measure a…

Q: How do I know what should or shouldn't be on an income statement from a list?

A: Income statement or statement of profit or loss is prepared to determine the net profit or loss…

Q: How is the times-interest-earned ratio calculated, and what does it evaluate?

A:

Q: How do you identify and record key profitability ratios, including ROE for a company like Walmart

A: Profitability Ratio Includes the following ratio Gross Profit ratio Net profit Ratio Expense Ratio…

Q: Chapter 12 discusses revenue per employee ratio.   What does this ratio measure?   What is the…

A: The revenue per employee ratio is a financial ratio that measures the revenue generated by each…

Q: explain the impact on financial statement using FIFO, weighted avverage and LIFO. When would the…

A: Inventory management system is the system where the inventory are maintained in books of accounts…