Business, 08.10.2019 03:20, Duriiee

Local co. has sales of $ 10.1 million and cost of sales of $ 5.5 million. its selling, general and administrative expenses are $ 460 comma 000 and its research and development is $ 1.4 million. it has annual depreciation charges of $ 1.4 million and a tax rate of 35 %. a. what is local's gross margin? b. what is local's operating margin? c. what is local's net profit margin? a. what is local's gross margin? local's gross margin is 45.54 45.5%. (round to one decimal place.) b. what is local's operating margin? local's operating margin is nothing%. (round to one decimal place.) c. what is local's net profit margin? local's net profit margin is nothing%. (round to two decimal places.)

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 00:40, Dailyn

Eileen's elegant earrings produces pairs of earrings for its mail order catalogue business. each pair is shipped in a separate box. she rents a small room for $150 a week in the downtown business district that serves as her factory. she can hire workers for $275 a week. there are no implicit costs. what is the marginal product of the second worker?

Answers: 3

continue

Business, 22.06.2019 19:00, makaylahunt

James is an employee in the widget inspection department of xyz systems, a government contractor. james was part of a 3-person inspection team that found a particular batch of widgets did not meet the exacting requirements of the u. s. government. in order to meet the tight deadline and avoid penalties under the contract, james' boss demanded that the batch of widgets be sent in fulfillment of the government contract. when james found out, he went to the vice president of the company and reported the situation. james was demoted by his boss, and no longer works on government projects. james has a:

Answers: 3

continue

Business, 22.06.2019 19:30, kylierice1

Exercise 4-9presented below is information related to martinez corp. for the year 2017.net sales $1,399,500 write-off of inventory due to obsolescence $80,440cost of goods sold 788,200 depreciation expense omitted by accident in 2016 43,600selling expenses 65,800 casualty loss 53,900administrative expenses 53,500 cash dividends declared 43,300dividend revenue 22,100 retained earnings at december 31, 2016 1,042,400interest revenue 7,420 effective tax rate of 34% on all items exercise 4-9 presented below is information relateexercise 4-9 presented below is information relate prepare a multiple-step income statement for 2017. assume that 61,500 shares of common stock are outstanding. (round earnings per share to 2 decimal places, e. g. 1.49.)prepare a separate retained earnings statement for 2017. (list items that increase retained earnings first.)

Answers: 2

continue

Business, 22.06.2019 19:30, dominickstrickland

Kirnon clinic uses client-visits as its measure of activity. during july, the clinic budgeted for 3,250 client-visits, but its actual level of activity was 3,160 client-visits. the clinic has provided the following data concerning the formulas to be used in its budgeting: fixed element per month variable element per client-visitrevenue - $ 39.10personnel expenses $ 35,100 $ 10.30medical supplies 1,100 7.10occupancy expenses 8,100 1.10administrative expenses 5,100 0.20total expenses $ 49,400 $ 18.70the activity variance for net operating income in july would be closest to:

Answers: 1

continue

Do you know the correct answer?

Local co. has sales of $ 10.1 million and cost of sales of $ 5.5 million. its selling, general and a...