Last year Green Co. had sales of $800,000, a turnover of 3.5, and a return on investment of 14 %. Green Co.'s net operating income for the year was?
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A: So,The amount of credit sales during May = $47,000 option B (47,000) is correct THANK YOU
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- During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000, 000. What is the sales margin?During the current year. Plainfield Manufacturing earned income of $845,000 from total sales of $9,350,000 and average capital assets of $13,500,000. What is the sales margin?Last year a company had sales of $600,000, a turnover of 3.6, and a return on investment of 18%. The company's net operating income for the year was?
- Chabot Company had the following results last year: net operating income, $2,160; turnover, 5; and return on investment 18%. Chabot Company's average operating assets what?Last year electric autos had sales of $190 million and assets at the start of the year of $330 million. If its return on the start of year assets was 15%, what was its operating profit margin?Royce Corp's sales last year were $250,000, and its net income was $23,000. What was its profit margin? a. 9.38% b. 9.57% c. 8.37% d. 9.20% e. 11.32%
- A company had the following results last year: sales, $700,000; return on investment, 28%; and margin, 8%. The average operating assets last year wereWhat is its profit margin?Bede’s Company's sales last year totaled £150,000 and its return on investment (ROI) was 12%. If the company's turnover was 3, then its net income for the year must have been: a. £6,000. b. £2,000. c. £18,000. d. it is impossible to determine from the data given