Calculate net profit as a percentage of sales if net profit was 80,000 and sales were 560,000.

Question:

Calculate net profit as a percentage of sales if net profit was £80,000 and sales were £560,000.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Frank Woods Business Accounting Volume 1

ISBN: 9781292084664

13th Edition

Authors: Alan Sangster, Frank Wood

See More Books

Question Posted: Mar 29, 2024 01:01 AM

See More Questions

List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
Calculate net profit as a percentage of sales if net profit was 31,520 and sales were 394,000.
CANMNMM January of this year. (a) Each item will be held in a record. Describe all the data structures that must refer to these records to implement the required functionality. Describe all the...
A palindrome is a string that is the same backward as it is forward. For example,tot and otto are rather short palindromes. Write a program that lets a user enter a string and that passes to a bool...
How does Digitex promote continuous supplier improvement through its performance measurement system?
Figure is a printed medical history form that Dr. Mike Robe, a family practitioner, has his receptionist give to all new patients. All patients must fill it out before they see the doctor. The...
If resistors 1 and 2 are connected to identical batteries, resistor 1 dissipates 3.0 times more power than resistor 2 . What is the ratio $P_{1} / P_{2}$ of their power dissipations if the same...
Identify the critical path for the following network for a small MIS project (all times are in days; network proceeds from node 1 to node10): | 233331235334432 | 234595677869990 111223334456789 Jah-...
John has worked at a bank for 2 years. He is closing out his cash drawer and discovers $1500 is missing due to a shortage. John has never had this type of shortage. The drawers are supposed to be...
(a) Calculate the current ratio if current assets are 60,000 and current liabilities are 50,000. (b) If inventory is 32,000, what is the acid test ratio?
Calculate gross profit as a percentage of sales if gross profit was 110,000 and sales were 640,000.
In Exercises 1-4, determine whether the statement is true or false. Justify your answer. 1. When the graph of a rational function f has a vertical asymptote at x = 5, it is possible to sketch the...
Why do individuals rely so much on financial controls in an international business?
Why are people susceptible to social pressures such as conformity, adopting social roles, and obedience to authority? B) How can a person be more independent in terms of relying on their own thinking?
As it travels around the curve, the car has constant speed 4. What is the change of velocity from point A to point B? 0=45 Incorrect Incorrecti- (1-2) (1+2) 2 Correct: -+ (1-2) j B Incorrect + (+2) 2...
Consider the binary tree traversal algorithm below. Algorithm queueTraversal(treeNode n) Input: a treeNode n Output: Prints the value of each node in the binary tree rooted at n Queue q new Queue();...
We know that humans have been advertising goods and services for how long?
A house is maintained at 1 atm and 24C, and warm air inside a house is forced to leave the house at a rate of 150 m3/h as a result of outdoor air at 5C infiltrating into the house through the cracks...
Should U.S. antidumping laws be stated in terms of average total costs or average variable costs?
ix. A company is thinking in replacing an existing machine. The old machine it is expected to last for another four (4) years and has a market value of $3,000. Operating estimated costs are $2,000...
What investment decision rule should Canadian Tire Corporation use to analyze the firm's projects and make capital budgeting decisions for an Initial investment of $ 25,000,000.00?
what is the current yield on this, based on the closing price? bond is hwl 8 1/2 28 vol is 125,400 close is 67.75 net change is +7

Calculate net profit as a percentage of sales if net profit was 80,000 and sales were 560,000.

Question:

Step by Step Answer:

To calculate net profit as a percentage of sales you can use the following formula ...View the full answer

Frank Woods Business Accounting Volume 1

Students also viewed these Business questions