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Corporate Fin Focused Approach

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

Apex Company reports:
Depreciation 50
COGS
700
Sales
1,000
100
SG&A
Its peer group has a gross profit margin of 25%. How does
Apex 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.

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