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?
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
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...
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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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