Lyndale, Inc.'s sales are $365,000 and $280,000 during the current and prior years, respectively. The percentage change is:
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Lyndale, Inc.'s sales are $365,000 and $280,000 during the current and prior years, respectively. The percentage change is:
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1.2%.
-
77.0%.
-
30.4%.
-
23.3%
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- A company’s sales in the prior year were $300,000 and in the current year were $351,000. Using the prior year as the base year, the sales trend percent for the current year is a. 17%. c. 100%. e. 48%. b. 85%. d. 117%.Rappaport Corp.'s sales last year were $375,000, and its net income after taxes was $23,000. What was its profit margin on sales? Select the correct answer. a. 6.19 % b. 6.21 % c. 6.17 % d. 6.13 % e. 6.15 %Ash Company reported sales of $550,000 for Year 1, $600,000 for Year 2, and $650,000 for Year 3. Using Year 1 as the base year, what is the revenue trend percent for Years 2 and 3? Multiple Choice 109.1% for Year 2 and 118.2% for Year 3 84.6% for Year 2 and 92,3% for Year 3. 92,0% for Year 2 and 84.6% for Year 3. 6:35 PM 3/28/2022
- Richard's Sporting Goods reports net income of $180,000, net sales of $530,000, and average assets of $1,200,000. The return on assets is: Multiple Choice 15.0%. 2.9 times. 34.0%. 44.2%.Flitter reported net income of $23,500 for the past year. At the beginning of the year the company had $212,000 in assets and $62,000 in liabilities. By year end, assets had increased to $312,000 and liabilities were $87,000. Calculate its return on assets: Multiple Choice 11.1%. 9.0%. 7.5%. 35.7%. 26.0%.A company’s sales in 2010 were P300,000 and in 2011 were P351,000. Using 2010 as the base year, the sales trend percent for 2011 is: A. 17%B. 85%C. 100%D. 117%E. 48%
- Accounting Car Company's sales in Year 1 were $390,000 and in Year 2 were $427,500. Using Year 1 as the base year, the trend percent for year 2 is: 10% 100% 91% 9% 110%Rappaport Corp.s sales last year were $320,000, and its net income after taxes was $23,000. What was its profit margin on sales? A 6.49% B 6.83% C 7.19% D 7.55%Assume the following sales data for a company: Current year $861,289 Preceding year 512,943 What is the percentage increase in sales from the preceding year to the current year? a.67.91% b.59.56% c.40.44% d.167.91%
- Largo Company recorded for the past year sales of $414,400 and average operating assets of $259,000. What is the margin that Largo Company needed to earn in order to achieve an ROl of 28.8%? Multiple Cholce 18.00% 28.80% 1.60% 3.47%Ryngard Corp’s sales last year were $43,000 and it’s accounts recivable were $16,000. What was its Days Sales Outstanding ratio (DSO)? A.45 B.136 C.273 D.365Assume the following sales data for a company: Current year $1,025,000 Preceding year 820,000 What is the percentage increase in sales from the preceding year to the current year? Oa. 125% Ob. 25% Oc. 75% Od. 100%
