Beacon Electronics reports the following financial information: ⚫ Sales = $1,200 • Cost of Goods Sold (COGS) = $780 • SG&A Expenses = $150 Depreciation = $60 The peer group's gross profit margin is 32%. How does Beacon compare to its peers?

Intermediate Accounting: Reporting And Analysis
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Chapter5: The Income Statement And The Statement Of Cash Flows
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Beacon Electronics reports the following financial information:
⚫ Sales = $1,200
•
Cost of Goods Sold (COGS) = $780
•
SG&A Expenses = $150
Depreciation = $60
The peer group's gross profit margin is 32%.
How does Beacon compare to its peers?
Transcribed Image Text:Beacon Electronics reports the following financial information: ⚫ Sales = $1,200 • Cost of Goods Sold (COGS) = $780 • SG&A Expenses = $150 Depreciation = $60 The peer group's gross profit margin is 32%. How does Beacon compare to its peers?
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