You are given the following data on two companies, M and N (figures are millions): Particulars M
Question:
You are given the following data on two companies, M and N (figures are millions):
Particulars | M | N |
Sales: | $ 1,080 | $ 1,215 |
Net income: | $ 54 | $ 122 |
Investment: | $ 180 | $ 405 |
Required
a. Which company has the higher profit.
b. Which company has the higher investment turnover?
c. Based solely on the data given, in which firm would you prefer toinvest?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (14 reviews)
a Computation of the Net profit Margin b Computation of the Investment Turnover c Based ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Accounting Texts and Cases
ISBN: 978-1259097126
13th edition
Authors: Robert Anthony, David Hawkins, Kenneth Merchant
Question Posted:
Students also viewed these Finance questions
-
You are given the following data on the unemployment rate and output: a. Assume that the natural rate of unemployment is 6% and that ( - Y)/ = 2{u - u}. Find the full-employment level of output in...
-
You are given the following data for Kim Zerussen: Assuming that inflation was 10 percent during 2008, evaluate Kims financial performance for the year. 2008 Income during the year $60,000 $64,000...
-
You are given the following data for a linear programming problem where the objective is to maximize the profit from allocating three resources to two nonnegative activities. Contribution per unit =...
-
Question B3 [2 points]. Examine, analytically and graphically in a diagramme drawn in the PD-z space, the effects of the increase in i*, and show that in the new equilibrium domestic prices can be...
-
Match each recursive formula with the graph of the same sequence. Give your reason for each choice. A. u0 = 20 un = un-1 + d where n ¥ 1 B. u0 = 20 un = r · un-1 where n ¥ 1 C. u0 = 20...
-
Determine the moments of inertia I x and I y of the area shown with respect to centroidal axes respectively parallel and perpendicular to side AB. 2.1 in. 1.4 in. 1.8 in.
-
2013 Indianapolis 500 champion Tony Kanaan holds his hand out of his IndyCar while driving through still air with standard atmospheric conditions. (a) For safety, the pit lane speed limit is \(60...
-
1. What are the costs and benefits of FDI inflows for a host country such as Argentina? 2. Will foreign firms such as Repsol make decisions in the best interest of Argentina? 3. As a Spanish manager...
-
Explain the role of policy in addressing the injustice in community health facilities.?
-
In Chapters 2 (Section 2.8) and 3 (Section 3.7) we analyzed the risk and return of the Orange County portfolio, using the building blocks of zero coupon bonds and duration in this exercise, we...
-
A Firm consists of 250 grocery stores throughout the Midwest. At the beginning of 2010 its statement of net worth showed the following information: Common Stock ($2 par) $800,000; Capital paid in...
-
Venture Corporations total assets are 3 times greater than total equity; total equity is 50% of total liabilities. The total debt to total assets ratio is A) .67 B) .75 C) .87 D) Undeterminable with...
-
A large vertical finished (inside) shaft diameter of 32 ft is required for hoisting capacity in a planned high volume underground oil shale mine. An aquifer is encountered at a depth of 1,270 ft...
-
The project criteria outlined in Table 9.5 was provided for a sample problem. What other criteria might be a useful part of the more general case of project portfolio management? Project criteria...
-
What are the stages in the classic consumer decision-making model?
-
Over the range of cylindrical parts manufactured on a computer-controlled lathe, the standard deviation of the diameters is 0.002 millimeter. (a) What does Chebyshev's theorem tell us about the...
-
Find the phase voltages \(V_{a n}, V_{b n}\), and \(V_{c n}\) whose sequence components are: \(V_{0}=50 / 80^{\circ}, V_{1}=100 / 0^{\circ}, V_{2}=50 / 90^{\circ} \mathrm{V}\).
-
Can you name five types of channels of communication?
-
Evaluate You will need Integration by Parts and the formula Then evaluate I again using Fubinis Theorem to change the order of integration (i.e., integrate first with respect to x). Which method is...
-
Southwestern Punch was made by Frutayuda, Inc. and sold in 12-ounce cans to benefit victims of Hurricane Zero. The mean number of ounces placed in a can by an automatic fill pump is 11.7 with a...
-
Provide three examples of scarcity that illustrate why even the 1,210 billionaires in the world face scarcity.
-
Kane Company received $7,200 from a customer on May 1 for services to be provided in the coming year in an equal amount for each of the 12 months beginning in May. In the Kane information system,...
-
From the following list of accounts (1) Identify the assets or liabilities that commonly require an adjustment at the end of the accounting period, and (2) Indicate whether the adjustment relates to...
-
Suppose a company had the following accounts and balances at year end: Sales revenue .......... $5,400 Interest revenue ......... $1,200 Rent expense .......... $1,240 Other operating expenses .........
-
The Power of Trade and Comparative Advantage: Work It Out 3 ? Here's another specialization and exchange problem. This problem is wholly made-up, ? so that you won't be able to use your intuition...
-
Government spending as a fiscal policy tool is used to: A) ?Decrease the national debt B) ?Directly stimulate economic activity by increasing demand C) ?Reduce inflation D) ?Lower interest rates
-
Automobile demand has fallen during a recent recession, and Ana has been laid off from her job on the assembly line. Rajiv recently lost his job as a waiter at a local restaurant. A recent increase...
Study smarter with the SolutionInn App