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…

Corporate Fin Focused Approach

5th Edition

ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter3: Analysis Of Financial Statements

Section: Chapter Questions

Problem 15SP

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Hii ticher please given correct answer general Accounting question
Clay Company: What amount should be reported as operating profit for Segment One? * a. 1250000 b. 1000000 c. 650000 d. 500000
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)
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.
Following information is related to Product X of Zempa Company: Current replacement cost $230 Cost to distribute $42 Historical cost Normal profit margin Selling price $215 $36 $245 If lower-of-cost-or-market rule (LCM Rule) is applied, then the value of Product X that would be reported in the balance sheet is: a. $215 b. $230 C. $203 d. S167
The Alligator segment of Wildhorse Specialty Meats is operating at a loss and has the following data: Sales Variable expenses Fixed expenses $7320007 512400 366000 If the Alligator segment is eliminated, what will be the effect on the remaining company? Assume that 50% of the fixed expenses will be eliminated and the rest will be allocated to the segments of the remaining company. O $439200 increase. O $36600 decrease. O $36600 increase. O $183000 increase.
10.Assume sales are $150,000; Operating income is $30,000; and average operating assets are $75,000. What is the Margin? Group of answer choices a. 50% b. 20% c. 40% d. 10% 11.Assume sales are $150,000; Operating income is $30,000; and average operating assets are $75,000. What is the Turnover? Group of answer choices a. 4 b. 2 c. 1 d. 3 12.Assume sales are $150,000; Operating income is $30,000; and average operating assets are $75,000. What is the ROI (Return on Investment)? Group of answer choices a. 60% b. 20% c. 40% d. 50% 13.What is the residual Income assuming operating income is currently $30,000 and average operating assets is 75,000. The company has had a 35% current return. Group of answer choices a. $10,500 b. $26,250 c. $30,000 d. $3,750 14.Net Income is $70,000; Operating assets are $420,000; and cost of captial is 15%. What is the EVA (economic value added) amount? Group of answer choices a. $1,000 b. $3,000 c.…
DAR, Incorporated sells cutlery generating pretax profits of $6,928,000. It depreciated $2,480,000 in assets this year, had fixed costs of $2,070,000, and variable costs of $2,278,000. What is DAR's degree of operating leverage? Multiple Choice 1.44 1.98 1.66 1.37
Present solution in good accounting form
Out of these three companies, which company is doing better and why?
Understanding CVP relationships Calculate the missing amounts for each of thefollowing firms:Units Selling Variable Costs Contribution Fixed OperatingSold Price per Unit Margin Costs Income (Loss)Firm A 11,200 $24.00 ? $100,800 $41,300 ?Firm B 8,400 ? $18.20 ? 64,500 $32,940Firm C ? 7.30 4.20 10,850 ? (6,750)Firm D 4,720 ? 51.25 41,064 48,210 ?
Following information is related to Product X of Zempa Company: Current replacement cost $230 Cost to distribute $42 Historical cost Normal profit margin Selling price $215 $36 $245 If lower-of-cost-or-market rule (LCM Rule) is applied, then the value of Product X that would be reported in the balance sheet is: a.

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