Below are the financial results of two companies over two years. Company A Company B Company...
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Below are the financial results of two companies over two years. Company A Company B Company A Company B Total 2021 2021 2020 2020 150 Revenues 1000 10 1000 20 2030 Profit 100 5 -150 5 -40 Profit Margin 10% 50% -15% 25% Calculate the Average Profit Margin (ratio of the sums) by dividing the Total of the Profits by the Total of the Revenues Calculate the Average Profit Margin (average of the ratios) by averaging the Profit Margins above. Below are the financial results of two companies over two years. Company A Company B Company A Company B Total 2021 2021 2020 2020 150 Revenues 1000 10 1000 20 2030 Profit 100 5 -150 5 -40 Profit Margin 10% 50% -15% 25% Calculate the Average Profit Margin (ratio of the sums) by dividing the Total of the Profits by the Total of the Revenues Calculate the Average Profit Margin (average of the ratios) by averaging the Profit Margins above.
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Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1118024492
5th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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