Prince Albert Canning PLC had a net loss of 37,543 on sales of 345,182. What
Question:
Prince Albert Canning PLC had a net loss of £ 37,543 on sales of £ 345,182. What was the company’s profit margin? Does the fact that these figures are quoted in a foreign currency make any difference? Why? In dollars, sales were $ 559,725. What was the net loss in dollars?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (14 reviews)
PM NI S 37543 345182 1088 or 1088 As long as both ne...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Corporate Finance
ISBN: 978-0077861759
10th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
Question Posted:
Students also viewed these Corporate Finance questions
-
Prince Albert Canning PLC had a net loss of 45,831 on sales of 198,352. What was the companys profit margin? Does the fact that these figures are quoted in a foreign currency make any difference?...
-
Prince Albert Canning PLC had a net loss of 27,860 on sales of 512,621. What was the company's profit margin? Does the fact that these figures are quoted in a foreign currency make any difference?...
-
Prince Albert Canning PLC had a net loss of 27,835 on sales of 204,350. What was the company's profit margin? Does the fact that these figures are quoted in a foreign currency make any difference?...
-
What are the concepts of traditional and contemporary organizational design? Will these designs be influenced differently by management and the environment?
-
Evaluate the given expressions. nP0
-
Differentiate between survey feedback and team building.
-
Consider the model \(y_{i}=\beta_{1} x_{i}+\varepsilon_{i}\), that is, regression with one explanatory variable without the intercept term. This model is called regression through the origin because...
-
Lets say your boss develops an EFE Matrix that includes 62 factors. How would you suggest reducing the number of factors to 20?
-
What is equilibrium price and quantity for the market below? Calculate the amount of consumer and producer surplus at equilibrium. P 120 S 80 60 66 20 20 40 50 60 D Q
-
XYZ is an unlevered firm and is currently valued at $820,000. It has 15,000 shares outstanding. As part of a Management Buyout (MBO), XYX is planning to borrow $400,000 from a bank at an annual...
-
The Steiben Company has an ROE of 13.1 percent and a payout ratio of 40 percent. a. What is the companys sustainable growth rate? b. Can the companys actual growth rate be different from its...
-
The Optical Scam Company has forecast a 15 percent sales growth rate for next year. The current financial statements are shown here: a. Using the equation from the chapter, calculate the external...
-
If the central bank wanted to achieve a lower rate of inflation and also a higher exchange rate, could it under these circumstances rely simply on the one policy instrument of interest rates?
-
Two cards are drawn from an ordinary deck of shuffled cards. (a) What is the probability that they are both queens if the first card is replaced? (b) What is the probability that they are both queens...
-
Suppose the variance of a population is 0. What can you say about the members of that population?
-
Roll a pair of dice ten times and then calculate the mean and standard deviation for these rolls. (a) What is the largest possible mean? (b) What is the smallest possible mean? (c) What is the...
-
What is the probability that at least two students in a class of 20 students will have the same birthday? Assume that there are no twins among the students and that all of the 365 birthdays are...
-
Determine the probability of betting on a winning number in a game of roulette. The numbers on the wheel are 0, 00, and 1 through 36. Each number is as likely as any other to become a winning number.
-
Use the following data to estimate, S[C 6 H 6 (g, 1 atm)] at 298.15 K. For C 6 H 6 (s, 1 atm) at its melting point of 5.53 C, S is 128.82 J mol -1 K -1 . The enthalpy of fusion is 9.866 kJ mol -1 ....
-
Some people argue that the internal control requirements of the Sarbanes-Oxley Act (SOX) put U.S. companies at a competitive disadvantage to companies outside the United States. Discuss the...
-
Consider the following block diagram where \(K\) has a fixed value (e.g., \(K=1)\) and the parameter of interest is \(c\). (a) Find the root locus of the system with respect to the parameter \(c\)....
-
Marginal Cash flows A coworker claims that looking at all this marginal this and incremental that is just a bunch of nonsense, saying, Listen, if our average revenue doesnt exceed our average cost,...
-
Marginal Cash flows A coworker claims that looking at all this marginal this and incremental that is just a bunch of nonsense, saying, Listen, if our average revenue doesnt exceed our average cost,...
-
Break-Even As a shareholder of a firm that is contemplating a new project, would you he more concerned with the accounting break-even point, the cash break-even point, or the financial break-even...
-
What is a data flow diagram? Why do systems analysts use data flow diagrams? How can data flow diagrams be used as analysis tools? How do you decide if a system component should be represented as a...
-
Suppose the demand and supply functions are as given below: Qa86 0.8 P Q-10+ 0.2 P Find the equilibrium price and quantity and show it graphically.
-
1. How much will an investment of Php 17,000 be if it is compounded quarterly for six (6) years at 5% interest? 2. If an interest of Php 5,000 is deposited into a savings account at an interest rate...
Study smarter with the SolutionInn App