Table ToolsFIN4006D_Business_Maths_2147 [Compatibility Mode] - Microsoft Word (Product Activation Failed)-FileHomeInsertPage LayoutReferencesMailingsReviewViewPDFelementDesignLayoutX CutAalA Find -Arial11- A A AaAaBbCcC AaBbCcI AaBbCcC AaBbCcC AaBbCcC AABBCCC AaB AaBbCcabA Copy"ac ReplaceE E-ChangeStyles -PasteB IU- abe x, x²1 Body Text1 Heading 1 1 List Paragr. I No Spacing1 Normal1 Table Para.1 TitleHeading 2e Select -Format PainterClipboardFontParagraphStylesEditingQuestion 2Use basic principles of Algebra and apply mathematical skills to finance decisionsa) What are the definitions and business uses of calculating mark-up andmargin?GBPSales RevenuePurchases16,800(12,800)4,000(2,000)(7,200)(5,200)Gross ProfitSelling ExpensesAdmin CostOperating Lossb) Calculate mark-up (in percentage to 2 decimal places)c) Calculate the margin as a % to 1 decimal placed) What is the operating profit margin percentage if the admin cost is reducedby 60%?Show this to 1 decimal placee) Define the following and provide respective examples with numericcalculations where possible:Trade discount (1 mark for definition and 1 for example)Bulk discount(1 mark for definition and 1 for example)Early settlement discount (1 mark for definition and 1 for example)Page: 4 of 11Words: 2,034English (U.S.)目昆90%15:43O Type here to searchW7°CENG09/12/2021

The value that a manufacturer puts to the cost price of an item is referred to as mark up. The…

Question 2 Use basic principles of Algebra and apply mathematical skills to finance decisions a) What are the definitions and business uses of calculating mark-up and margin? GBP Sales Revenue Purchases Gross Profit Selling Expenses Admin Cost Operating Loss 16,800 (12,800) 4,000 (2,000) (7,200) (5,200) b) Calculate mark-up (in percentage to 2 decimal places) c) Calculate the margin as a % to 1 decimal place

Question 2 Use basic principles of Algebra and apply mathematical skills to finance decisions a) What are the definitions and business uses of calculating mark-up and margin? GBP Sales Revenue Purchases Gross Profit Selling Expenses Admin Cost Operating Loss 16,800 (12,800) 4,000 (2,000) (7,200) (5,200) b) Calculate mark-up (in percentage to 2 decimal places) c) Calculate the margin as a % to 1 decimal place

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Part A. The following information is available for Entity A: Sales revenue Sales returns and allowances Sales discounts Cost of goods sold Operating expenses Interest expense Gain on sale of land Interest revenue $840,300 10,000 7,800 475,000 187,200 11,000 129,300 3,500 Instructions 1. Use the above information to prepare a multiple-step income statement for the year ended December 31, 2024. Please look at Illus. 5.12 in the text for an example. The income tax rate is 23%. Check figures: Income from operations is $160,300. Net income is $217,217. 2. Compute the profit margin and the gross profit rate. Show and label calculations. 3. Suggest at least three ways these measures might be materially improved and net income increased. Be sure to consider the relationship between net sales, cost-of- goods-sold and gross profit. 4. Last year, the profit margin was 15%. Is the increase in the profit margin this year sustainable, i.e. likely to continue? (Hint: consider what item was largely…
4-Terminology Matching - Academic Resourc... Terminology Matching Asset Turnover Ratio Current Ratio Days in Inventory Ratio Debt to Assets Ratio Financial Pressure Fraud Fraud Triangle Free Cash Flow Week 4 - Ratio Calculations - Academic Resou... Horizontal Analysis Human Resource Controls G Math Resources - Gauthmath Aol. AOL Mail (41322) A measure of the percentage of total financing provided by creditors; computed as total liabilities divided by total assets Opportunity, financial pressure, and rationalization A technique for evaluating a series of financial statement data over a period of time to determine the increase (decrease) that has taken place; ovpressed as either a dollar amount or a percentage A measure used to evaluate a company's liquidity and short-term debt- paying ability; calculated as current assets divided by current liabilities A measure of solvency and cash remaining from operating activities after adjusting for capital expenditures and dividends paid Personal…
Balance Sheet. Use Table 3.2 on page 82 as a guide to create a monthly balance sheet
Account Title Sales revenue Interest revenue Gain on sale of investments Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense Debits Required 1 Required 2 $ 840,000 235,000 90,000 55,000 145,000 Required: 1. Prepare a single-step income statement by inserting the amounts above into the appropriate section. 2. Prepare a multiple-step income statement by inserting the amounts above into the appropriate section. Complete this question by entering your answers in the tabs below. Credits $ 1,900,000 45,000 65,000 Revenues and gains: Prepare a single-step income statement by inserting the amounts above into the appropriate section. A Company Income Statement For the Year Ended December 31, Current Year Dreu ‒‒‒
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Evaluate and comment on businesses financial performance by calculating and analysing 2 profitability, liquidity and solvency ratios based on the information from financial statements Consider whether certain aspects (profitability, liquidity or solvency) can be improved and if so, how? (300 words)
plz help this is all the information for this question.
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