Calculate gross profit margin and net profit margin from the following? Opening stock = 1000 Purchases = 2000 Carriage inwards – 100 Wages - 150 Carriage outwards – 150 Rent and insurance - 200 Salaries -300 Depreciation – 100 Direct expenses – 100 Return inwards - 300 Return outwards – 400 Sales – 3000 Closing stock - 800 Dividend received – 200 Interest received - 150

Calculate gross profit margin and net profit margin from the following? Opening stock = 1000 Purchases = 2000 Carriage inwards – 100 Wages - 150 Carriage outwards – 150 Rent and insurance - 200 Salaries -300 Depreciation – 100 Direct expenses – 100 Return inwards - 300 Return outwards – 400 Sales – 3000 Closing stock - 800 Dividend received – 200 Interest received - 150

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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An excerpt from Ivanhoe Company's accounting records is provided below. Sales revenue $627,000 Cost of goods sold 346,500 Wages expense 123,750 Depreciation expense 15,675 Rent expense 50,325 Interest expense 4,950 Income tax expense 14,850 Retained earnings 36,300 Dividends declared 16,500 Wages payable 12,375 Cash 41,250 Accounts receivable 61,875 Accounts payable 82,500 M σε Ac Q Ac Q Ac Using only the data provided above, record all the required closing entries using proper Journal Entry form. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Q Ac A C M N
Estefan’s accounts showed a gross profit for the year of £27,200. After the accounts were prepared it was found that the opening inventory/stock had been overstated by £1,200 while closing inventory/stock had been understated by £1,700. What is the amount of Estefan’s corrected gross profit for the year? Answers: a. £24,300 b. £26,700 c. £27,700 d. £30,100
Find the Gross Profit
Required information [The following information applies to the questions displayed below.] Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31 2021 2020 $ 431,313 $ 330,421 259,650 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes. Income tax expense Net income Assets Current assets Long-term investments Plant assets, net Total assets 171,663 61,246 38,818 100,064 Liabilities and Equity Current liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity December 31 209,156 121,265 KORBIN COMPANY Comparative Balance Sheets 71,599 13,317 $ 58,282 $ 37,039 2021 45,598 29,077 74,675 46,590 9,551 $ 54,729 0 103,218 $ 157,947 $ 2019 229,300 146,752 82,548 30,268 19,032 49,300 33,248 6,749 $ 26,499 $ 19,550 71,000 8,875 31,781 2019 2020 $36,630 $ 48,966 700 93,876 $131,206 $ 108,704 4,660 55,078 $ 19,023…
what is ? 1)Dividend per share 2)Gross profit margin 3)price earing ratio 4)net profit margin 5)return to assets 6)earnings per share 7)quick ratio 8)dividend pay-out
Assume you are given the following relationships for the Warner Corporation: Sales / Total assets 1.2× Return on assets (ROA) 3.95% Return on equity (ROE) 7.70%Calculate Warner’s profit margin. a. 4.74% b. 9.24% c. 3.29% d. 1.95% e. 6.42%
Calculate the total cost proceeds and gain or loss in dollars for the stock market transaction?
Interpret the results: • Return on equity • Return on assets • Gross profit margin • Operating profit margin • Net profit margin
Following are the given figures: Opening Stock Rs. 30,000, Carriage On Sales Rs. 3,000; Closing Stock Rs. 28,000; Rent Of Office Rs. 5,000, Purchase Rs. 85,800, Sales Rs. 1,40,700, Carriage On Purchase Rs. 2,300; Selling Expenses Rs. 600; Drawings Rs. 10,000; Gross profit will be A Rs 50,000 O b. Rs 47,600 C Rs 42,600 O d. Rs 50,600
Subject: accounting
With the give statement of comprehensive income below, conduct a horizontal analysis.
The profit shown in the financial accounts was £158,500 but the cost accounts showed a different figure. The following stock valuations were used: Stock valuations Cost accounts Financial accounts Opening stock £34,260 32,140 Closing stock £68,240 £70,192 What was the profit in the cost accounts? A £162,572 B £154,628 C £162,620 D £162,402

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