1.) what is the net operating income ? 2.) by what percentage did the net operating income increase?

Q: Income Statement 1) Why are items such as sales and labour/Gross Profit on the CR side and items…

A: 1.Revenues are recorded in the credit side of the income statement. Thus, sales and labour/gross…

Q: Net income equal to revenues minus?

A: Once taxes and other tax withholding have been taken out of your paycheck, net income is the amount…

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: Which should be subtracted from the net income when using the indirect method? A. Loss on sale of…

A: A cash flow statement is a financial statement that summarizes the cash and cash equivalents…

Q: Rainier Company Yakima Company 2 Materials inventory, May 1 $280,000.00 $177,000.00 3 Materials…

A: Income statement is the financial statement which is usually prepared by the entities' for the…

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: difference between Gross Earnings and Net Earnings

A: Gross earnings and Net earnings are two terms used in financial accounting while computation of the…

Q: What formula is used to determine net profit

A: Net profit is the actual income earned by an organization after paying all the expenses. It is…

Q: e and net revenue increase but net profit margin decrease and net revenue increase, net profit…

A: The Net Profit Margin (also known as "Profit Margin" or "Net Profit Margin Ratio") is a financial…

Q: Which of the following is subtracted from Gross profit to arrive at Operating income

A: Introduction:- Operating income can be calculated by deducting the cost of goods sold and operating…

Q: The ratio that tells you how much income is used up by expenses is the Return on Assets ratio. True…

A: A financial ratio called return on assets (ROA) describes how lucrative a business is in comparison…

Q: The gross profit margin percentage (rounded) was?

A: Gross profit margin is the difference between Sales Revenue and Cost of Goods sold. Cost of goods…

Q: The gross profit margin percentage (rounded) was?

A: Gross profit margin = Sales - All direct costs related to manufacturing

Q: A. What amount should be reported as basic earnings per share? B. What amount should be reported as…

A: Earning per share (EPS) is the ratio that describes how much profit is earned by the company for…

Q: Sidewinder, Inc., has sales of $698,000, costs of $344,000, depreciation expense of $89,000,…

A: In order to determine the net income, all the expenses are required to be deducted from the total…

Q: Which is a measure of the profitability of the core operation? 1.Gross profit ratio 2.interest cover…

A: Ratio analysis is the measurement of a company's profitability, solvency, and liquidity by taking…

Q: The numerator of the return on total assets is a. net income b. net income plus tax expense c.…

A: Return on Total Assets = Net Income + Interest Expenses (1-Tax Rate) / Average Total Assets

Q: What is the net income from the following incor

A: Net Sales = Sales - Sales return = 12800 - 360 = 12440

Q: Accounting Equation Inspirational Inc. is a motivational consulting business. At the end of its…

A: Stockholder's equity refers the equity or capital introduced by the owner and it also includes…

Q: Date Purchased Cost Cost Sales Expenses 174,000 01/Jan $4.70 15,510 34,000 35,340 64,890 3,300…

A: The inventory can be valued using various methods as LIFO, FIFO and weighted average method.

Q: where's the total net income under scenario b?

A: Gross Profit = Sales - Manufacturing Expenses Net Income = Gross Profit - Non Manufacturing…

Q: Why is the operating return on assets ratio also referred to as the operating returnon investment?

A: Introduction: Operating asset return is nothing but a profitability measure and it is a difference…

Q: What’s the company’s net income?

A: The accounting equation is the fundamental equation used in accounting that represents the…

Q: T Reton Ea 00 Notes Pay Wages Pay 24 Equity APIC 100.000.00 $ y Common Stock 200.000.00 S Retain…

A: The income statement is prepared to record revenue and expenses of the current period and find net…

Q: Use the trial balance shown below for all questions on this page. It is highly recommended that you…

A: Trial Balance: Trial balance is a statement in which closing balance of all ledger accounts are…

Q: Why is the income statement called a dynamic financial statement?

A: Income statement is that financial statement that shows the different income as well as expenditures…

Q: How do you calculate the breakeven point in revenues?

A: Break-even point is the level at which profit is zero; that is, at the Break-even level, expenses…

Q: e following is a listing of some of the balance sheet accounts and all of the income statement…

A: Income from Operations - Income from Operations is the part of the income statement that only…

Q: Net net profit is computed in the

A: Net profit in computed in the Income statement or profit and loss statement .  The format of the…

Q: company's overall net operating income

A: Particulars Shampoo Bath Soap Sales 2,000 units * P350 = P700,000 9,000 units * P140 = P1,260,000…

Q: hat basic relationship can we see in an income statement?

A: solution concept income statement is a financial statement which presents the revenue , expenses…

Q: How do gross profits, operating income, and net income differ

A: In finance when making or analyzing an income statement we look into different types of income or…

Q: What impact does an increase in expenses have on net income

A: In accounting we say that: Net income = Total revenue - total expenses

Q: Revenue Expense Net Income 52.500 52,500 29.150 $ (29,150) 612.500 612.500 254,100 S (254,100)…

A: The income statement is prepared to find net income or losses incurred during  the period.

Q: Net Income , SFP

A: Net Income is the excess of revenue over expenses.

Q: Triple Z Corporation operates 2 stores: A1 and B2. The following information relates to stores A1…

A: Company's Overall Income: The overall income of the company includes all income from all segments.…

Q: which of the following comes first in the income statement O a. finance cost O b. gross profit O C.…

A: Income statement is one of financial statement being prepared in business. It shows all incomes and…