Classroom .ıl LTE3:39 PM72%submit this form.Not mdpanhao@pcu.edu.ph? Switch account* RequiredProblem SolvingUSE THE DATA OF XYZ COMPANY FOR THEThe following are the ledgers of XYZ Company for the year ended December 31, 2017.Net Sales1,890,540.00Cash60,100.00Cost of Goods Sold1,058,540.00Short-term Investments74,000.00Operating ExpensesInterest ExpenseIncome Tax Expense506,000.00Accounts Receivable107,800.0025,000.00Merchandise Inventory133,000.00Machineries, netAccounts PayableIncome Taxes Payable86,000.00615,300.00160,000.0043,500.00210,000.00Long-term Notes PayableOwner's Equity576,700.00What is the company's gross profit margin?Choose Classroom .ll LTE3:40 PM72%ChooseThis is a required questionWhat is the company's return on asset? *ChooseThis is a required questionWhat is the company's net profit margin? *Choose20.31days receivable? *17.2411.3744.01What is the company's quick ratio? *

Financial Ratio are one of the tool to Analysis Financial Statement. Income Statement of XYZ Company…

The following are the ledgers of XYZ Company for the year ended December 31, 2017. Net Sales 1,890,540.00 Cash 60,100.00 Cost of Goods Sold 1,058,540.00 Short-term Investments 74,000.00 506,000.00 Operating Expenses Interest Expense 107,800.00 133,000.00 Accounts Receivable 25,000.00 Merchandise Inventory Machineries, net Accounts Payable Income Taxes Payable Long-term Notes Payable Owner's Equity Income Tax Expense 615,300.00 160,000.00 43,500.00 86,000.00 210,000.00 576,700.00 What is the company's gross profit margin?

The following are the ledgers of XYZ Company for the year ended December 31, 2017. Net Sales 1,890,540.00 Cash 60,100.00 Cost of Goods Sold 1,058,540.00 Short-term Investments 74,000.00 506,000.00 Operating Expenses Interest Expense 107,800.00 133,000.00 Accounts Receivable 25,000.00 Merchandise Inventory Machineries, net Accounts Payable Income Taxes Payable Long-term Notes Payable Owner's Equity Income Tax Expense 615,300.00 160,000.00 43,500.00 86,000.00 210,000.00 576,700.00 What is the company's gross profit margin?

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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