Please need answer Apex Company reports:Depreciation 50COGS700Sales1,000100SG&AIts peer group has a gross profit margin of 25%. How doesApex compare to its peers?a. Apex 15% gross profit margin is inferior to its peer group.b. Apex 20% gross profit margin is inferior to its peer group.c. Apex 30% gross profit margin is superior to its peer group.d. Apex 25% gross profit margin is the same as its peer group-no better or worse.

Step 1: Define Gross Profit MarginGross profit margin is a percentage value used to analyze the…

Answered: Apex Company reports: Depreciation 50…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 18E

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Mak Cosmetics maintains an operating profit margin of 10% and asset turnover ratio of 2.5. If Mak Cosmetics' debt-equity ratio is 0.3333, its net income is $1,000, interest payment is $600, taxable income is $1,538.46, taxes is $538.46, and depreciation is $800, what is its ROE? (Hint: that monster equation?) Multiple Choice 5.99% 23.98% 27.55% 15.22%
Exercise 1 (Evaluation of a Profit SBU) The president of J. Hermosa Appliance Company notes that Department 3 has been operating at a loss. The president reasons that profits will be increased by P9,000 by elimination of this department in as much as costs of this department are in excess of revenue by this amount. Department 2 1 3 4 Total Revenue Direct labor cost of Р132,000 P168,000 P125,000 P98,000 P523.000 department Allocated company costs Total costs 82.000 30,000 P112,000 P_20,000 108,000 36,000 P144,000 P 24,000 104,000 30,000 P134,000 P_(9,000) 61,000 25,000 P86.000 P12,000 355,000 121,000 P476,000 P 47,000 Net income (loss)
Ht.25.
The percent of change in cost is: a. 10.79% b. 10.000% c. 8.67% d. None of theseWith solution and good accounting form please thank you!
Damietta Furniture Corporation has a net profit margin of 15% and a total asset turnover of 1.7. What is Damietta Furniture's return on total assets (ROA)? Select one: O a. 11.1% O b. 12.3% c. 8.8% O d. 25.5%
Calculate the cost efficiency - profit margin ratios
The ratio equation Use the result in a sentence; i.e. For every dollar invested in assets the company is earning 22.4 cents or 22.4% in net income. Then explain whether this is a good result or a result that needs improving. The original post should include at least three (3) sentences but no more than seven (7) sentences.
1. The percent of change in volume is? 2. The percent of change in cost is?
The following revenue-based profit functions are for X Company's only two products, A and B, last year: Product A: PA 0.26RA- $32,000 Product B: P0.43R- $63,000 Revenue from sales of A was $220,000, and revenue from sales of of B was $150,000. Assuming there is no change in the product mix, what must total revenue be next year in order for X Company to break even [round the weighted average contribution margin rate to two decimal places? OA: $287,879 OB: $336,818 C: $394,077 OD: $461,070 OE: $539,452 OF: $631,159
Please do not give solution in image format thanku
Below is a major portion of the income statements of KTA Inc. for 2020 and 2021: Sales Cost of Sales Gross Margin 2020 P80,000 50,000 P30,000 2021 P97,200 72,000 P25,200 The firm sold its sole product for P8/unit during 2020. Even though the sales units increased by 20% during 2021, the gross margin declined. Disappointed with the results, the owner asked for your assistance in analyzing the cause of the gross margin decline. Increase (decrease) in gross margin due to change in units sold. A. (P4,800) D. P16,000 B. P6,000 D. P26,000
Below is a major portion of the income statements of KTA Inc. for 2020 and 2021: Sales Cost of Sales Gross Margin 2020 P80,000 50,000 P30,000 2021 P97,200 72,000 P25,200 The firm sold its sole product for P8/unit during 2020. Even though the sales units increased by 20% during 2021, the gross margin declined. Disappointed with the results, the owner asked for your assistance in analyzing the cause of the gross margin decline. A. 1.25% B. (1.25%) Percentage increase (decrease) in sales price. C. (2.125%) D. 2.125%

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