Mark up can be calculated by the formula; a. Markup = Cost + Expenses b. Markup = Cost + Profit c. Markup = Selling price + Cost d. Markup = Expenses + Profit

Q: What is operating margin ? a) It is equal to ( gross profit on sales – operating expense ) / net…

A: Operating Margin is the profitability ratio which shows the percentage of profit earned by the…

Q: What is the gross profit? [ Select ] How much is the operating expense? | Select I | Select ] How…

A: Solution:- As per the above questions first we required to compute income statement. which helps to…

Q: Revenue minus all direct costing of making the goods or supplying the service is known as? a. Gross…

A: All the direct costs to make the goods constitutes the cost of goods sold.

Q: 1. Indicate the effects on gross profit the changes in volume, unit selling price, and unit cost.…

A: Gross profit is calculated by reducing the cost of goods sold from sales revenue. Thus, sales price…

Q: All of the following are the factors affecting the gross profit except O cash flow O volume O…

A: Gross Profit = Sales revenue - Cost of goods sold

Q: Cost-to-retail ratio under the cost method is calculated: A. After both markups (net) and markdowns…

A: Both markups and markdowns is used to calculate the ratio.

Q: ow much is the total net revenue? ow much is the total net profit from the operation ow much is the…

A: As per rule, allowed to answer one question and post the remaining in the next submission.

Q: Define return on sales ( or profit margin).

A: Financial ratios represent the accounting ratios computed by the management by using elements of…

Q: Distinguish between gross profit margin, operating profit margin, and net profitmargin and provide…

A: To distinguish between the gross profit margin, operating profit margin, and net profitmargin and…

Q: 8. The difference between total sales in dollars and total cost of goods sold is called: A. net…

A: When the total cost of goods sold is subtracted from the total sales in dollar, we arrive at the…

Q: Operating expenses are comprised of the following: O General and Administrative Expense, Cost of…

A: Operating Expenses (OpEx) are those expenses which are directly associated with the day to day…

Q: Calculate the profitability ratio which includes gross profit margin, operating profit margin, net…

A: Profitability Ratio: It measures the ability of company to generate profit from its operations or…

Q: Let P(x) be the annual profit for a certain product, where x is the amount of money spent on…

A: Solution- (A)  P(o) represents the amount of annual profit allocated when x=0 or when no money was…

Q: operating income is: a- net sales less cost of goods sold b- earning before interset and tax c-…

A: Operating income is that income which is computed by subtracting all the operating expenses from the…

Q: Which of the following is the correct calculation of selling price? O a. Cost + Mark-up O b.…

A: Selling price is price at which goods and services are sold to customer. This selling price includes…

Q: Which of the following is the correct calculation of rate of mark-up on selling price? a.…

A: Rate of Markup on Selling Price:-Sales price minus the unit cost that divides that number of unit…

Q: Calculate Gross profit ratio

A: Gross Profit is the difference between Sales Revenue and Cost of Goods Sold.  Gross Profit = Sales…

Q: On a traditional income statement, sales revenue less cost of goods sold equals   Question 26…

A: The income statement is prepared to find net income or losses incurred during the period.

Q: Markup is: Group of answer choices Selling price - cost Selling price divided by cost Selling price…

A: Markup is the difference between the cost price per unit and the selling price per unit.  Markup…

Q: In vertical analysis, the relevant base for cost of goods sold is which of the following?…

A: Cost of sold is a term reported in the income statement. So the relevant base for it should also be…

Q: I need exampel on: Price - to -earning ratio Price book ratio Price to cash flow ratio

A: Price Earnings Ratio: It is the connection between an organization's price of stock and the EPS…

Q: The difference between sales and marginal cost is______________ a. Fixed Cost b. Profit c. Sales…

A: Introduction: Sales price: The price for which the goods are sold called as sales price. Total sales…

Q: The equation for Gross Profit is "Gross Profit = Revenues - Cost of Goods." Which of the following…

A: Gross income is direct income of a business generated from direct revenues of the company. It is an…

Q: Indicate the effects on gross profit the changes in volume, unit selling price, and unit cost. Write…

A: Selling price and sales volume have a direct relationship with the Gross profit i.e. increase in…

Q: current cost financial statements: a. General price level gains or losses are recognized b. Amounts…

A: Explanation: The financial accountiing term current cost accountiing refers to an approach that…

Q: Under the historical cost accounting model the financial statement that is regarded as the most…

A: A financial statement is prepared by the management for users' decision making, it includes the…

Q: 1. The amount by which an item contributes towards covering fixed cost and providing for profit is…

A:

Q: Payable turnover is a measure of cost ot goods sold and accounts payable. Select one: O True False

A: Payable turnover ratio is calculated as follows -  cost of goods sold / average accounts payable

Q: alculate the following from the additional information given G Gross profit H Net profit

A: We need to compute gross and net profit of the firm.

Q: Selling expenses are subtrac

A: True.

Q: Consider the following: Code: A = Gross profit to net sales ratio   B = Gross profit to cost of…

A:

Q: Profit or Loss is computed by subtracting cost / expenses from – a. income/revenue c. sales b.…

A: Answer 1) Profit or Loss is computed by subtracting cost / expenses from: income/revenue: This…

Q: mula for Gross Margin ratio? Seleccione una: a. Cost of Sales / Gross Revenues b. Revenues / Gross…

A: Gross margin ratio is one of indicator of the profitability of company and depends on the total…

Q: Sales revenue min a. gross margin income from c b. C. cost of goods d. net sales

A: The question is based on the concept of Financial Accounting. As per the Bartleby guidelines we are…

Q: et cost = Selling price - ______________. a. Cost b. Profit margin c. Revenue d. Expenses

A: Solution: Target cost = Selling price - profit margin. This is because target cost is the estimated…

Q: Calculate Gross profit ratio

A: Gross profit ratio = Gross profit/ Sales *100

Q: Cost-to-retail ratio under the cost method is calculated: O A. After markdowns (net) and before…

A: Cost to Retail Ratio Inventory valuation is of the biggest task for every business.  Firm to take…

Q: Multiple Choice) A multi-step income statement ________. A. separates cost of goods sold from…

A: In multi step income statement the operating results are separately shown.It doesn't consider…

Q: A multi- step income statement ___________. A. Seperates cost of goods sold from operating…

A: Mutli step income statement means an income statement where first gross profit is calculated by…

Q: Which of the following does not represent a cost-volume-profit analysis equation? O a. Contribution…

A: Contribution = Sales - Variable expenses Profit = Contribution - fixed expenses

Q: A component of operating efficiency and profitability, calculated by expressing net profit as a…

A: Profit is the amount earned by an entity after deducting all the outlays from the revenues.

Q: total net revenue

A: Statement of comprehensive income is a part of financial statements which shows the net income from…

Q: Baxter Corporation has been using FIFO during a period ofrising costs. Explain whether you would…

A: Requirement a:   If Baxter have been using LIFO method during rising costs, the net income the…

Q: Classify each of the following items as revenues (R), expenses (EX), or withdrawals (W). Cost of…

A: Definition: Financial Accounting: It refers to the process of recording the financial transactions…

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.