no work required Cochran Corporation, Inc. has the following income statement (in millions):COCHRAN CORPORATION, INC.Income StatementFor the Year Ended December 31, 2020$240Net SalesCost of Goods Sold80Gross Profit16065$ 95Using vertical analysis, what is the net (profit) margin (rounded to a whole percentage)?Operating ExpensesNet IncomeO A. 60%О В. 40%О С. 100%O D.33% During 2021, Ecuyer Industries reported cash provided by operations of $397,000,000, cash used in investing of$343,000,000, and cash used in financing of $95,000,000. In addition, cash spent for fixed assets during the period was$138,000,000. Average current liabilities were $325,000,000 and average total liabilities were $858,000,000. No dividendswere paid. Based on this information, what was Ecuyer's free cash flow?

Lets understand the basic. Net profit margin is a margin created on the sales. In other words it is…

Cochran Corporation, Inc. has the following income statement (in millions): COCHRAN CORPORATION, INC. Income Statement For the Year Ended December 31, 2020 $240 Net Sales Cost of Goods Sold 80 Gross Profit 160 Operating Expenses 65 $_95 Using vertical analysis, what is the net (profit) margin (rounded to a whole percentage)? Net Income O A. 60% O B. 40% OC. 100% O D.33%

Cochran Corporation, Inc. has the following income statement (in millions): COCHRAN CORPORATION, INC. Income Statement For the Year Ended December 31, 2020 $240 Net Sales Cost of Goods Sold 80 Gross Profit 160 Operating Expenses 65 $_95 Using vertical analysis, what is the net (profit) margin (rounded to a whole percentage)? Net Income O A. 60% O B. 40% OC. 100% O D.33%

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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Question

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Cochran Corporation, Inc. has the following income statement (in millions):
COCHRAN CORPORATION, INC.
Income Statement
For the Year Ended December 31, 2020
$240
Net Sales
Cost of Goods Sold
80
Gross Profit
160
65
$ 95
Using vertical analysis, what is the net (profit) margin (rounded to a whole percentage)?
Operating Expenses
Net Income
O A. 60%
О В. 40%
О С. 100%
O D.33%

During 2021, Ecuyer Industries reported cash provided by operations of $397,000,000, cash used in investing of
$343,000,000, and cash used in financing of $95,000,000. In addition, cash spent for fixed assets during the period was
$138,000,000. Average current liabilities were $325,000,000 and average total liabilities were $858,000,000. No dividends
were paid. Based on this information, what was Ecuyer's free cash flow?

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