Analyze the Gross profit ratio and give you a report on the same in 2020 and|2019? Gross profit ratio= Gross profit Net sales -x100 In 2019= (25,361,421 /63,161,098) x100 =0.401 x100 =40.153% In 2020= (26,796,019/ 63,441,144) x100 =0.422 x100 =42.237%
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- The gross profit margin indicates how profitable sales have been. Q.1 Calculate the gross profit margin for Pearson & Litt for 2020.Q.2 Explain the results of the gross profit margin calculation.(Profitability Ratio)What is the Gross Profit Margin Ratio in 2019?(Profitability Ratio)What is the Net Profit Margin Ratio in 2019?
- Chupapi Inc. has a gross profit ratio of 16.67 % for the year 2020. If Chupapi Inc. has gross profit of P 1,090,000 and P 6,000,000 net sales on year 2021, What would be the gross profit margin of Chupapi Inc, during 2021? * 36.33% 18.17 % 16.57 % O 15. 76 %Income Statement: The income statement of Taco Bell company is given for the years 2020 & 2019. 2020 2019 General and administrative expenses 25,000 24,000 Interest expense 1,200 1,500 Net sales $124,000 $138,000 Selling expenses 11,880 12,720 Income taxes $1,109.5 1,883 COGS 108,000 95,000 Gain on Sale of land 450 600 1. What is the operating profit marain for the company over the years 2020 and + O d) ENG TOSHIBA(Profitability Ratio)What is the Price Earnings Ratio in 2019?
- Compute trend percent for the following accounts using 2018 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percent appears to be favorable or unfavorable. 2022 2021 2020 2019 2018 Sales $282,880 $270,800 $252,600 $234,560 $150,000 Cost of goods sold 128,200 122,080 115,280 106,440 67,000 Accounts receivable 18,100 17,300 16,400 15,200 9,000A. Calculate the gross profit margin for Pearson and litt for 2020 B. Explain the results of the gross margin profit calculationCalculate the gross profit percentage for 2022 with comparative figures Discuss 3 ways in which the gross profit margin can be improved 2022 R 2021 R Sales (all credit) 1 435 400 1 685 400 Cost of sales (all credit) (778 700) (825 600)
- If you have the following information Sales (OMR) Year Profits(OMR) 2018 270000 6000 2019 300000 15000 The B.E.P IS: Select one: O a. OMR 670000 O b. OMR 420000 O c. The correct answer not available O d. OMR 250000Zoobilee Inc. reported the following sales and net income amounts: (in thousands) 2020 2019 2018 2017 9,180 $ 8,990 $ 8,770 $ 8,550 Net income 520 500 460 400 Show Zoobilee's trend percentages for sales and net income. Use 2017 as the base year. Sales.... $ (Round your answers to the nearest percent.) Sales.. Net income.. 2020 % % 2019 % % 2018 % % 2017 100 % 100 %Obtain Target Corporation's annual report for its 2018 fiscal year (year ended February 2, 2019) at http://investors.target.com a. What was Target's gross margin percentage for the fiscal year ended February 2, 2019 (2018) and 2017? Use "Sales" for these computations b. What was Target's Return on Sales percentage for 2018 and 2017? Use "Total Revenue" for these computations. c. Target's return on ales percentage for 2017 was higher than it was in 2018. Ignoring taxes, how much higher would Target's 2018 net income have been if it's return on sales percentage in 2018 had been the same as for 2017?