Circle Stores has net income of $41,000, a profit margin of 6.7 percent, and a return on
Question:
Circle Stores has net income of $41,000, a profit margin of 6.7 percent, and a return on assets of 9 percent. What is the capital intensity ratio?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (13 reviews)
Step 1 To find Sales Profit margin formula Net incomeSales 067 41000Sales Sa...View the full answer
Answered By
Obaid Zaman
I'm a Bachelor of Commerce graduate and currently pursuing my Master's degree. I have a very good educational background and I'm here to help you with your paper writing.
0.00
0 Reviews
10+ Question Solved
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1305637108
6th edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
Question Posted:
Students also viewed these Accounting questions
-
2. A uniformly charged thin spherical shell of radius 3cm produces an electric field of 2 N/C at a radius of 6cm from the center of the sphere. Find the electric flux 10 cm away from the center of...
-
What is the capital expenditures budget?
-
What is the capital conservation buffer? How would this buffer affect your answers in Problem 6?
-
A vertical force P is applied to the ends of cord AB of length a and spring AC. If the spring has an unstretched length δ, determine the angle θ for equilibrium. Given: P = 10 lb δ...
-
Prove the following theorem: "The present value of forecasted economic profit, when discounted at the weighted average cost of capital, plus the book value of assets, equals the DCF value of the...
-
Gregs Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March 2015: Required: 1. Calculate ending inventory and cost of goods sold at...
-
The invention and commercialization of a new chemical is a significant undertaking. An example is the invention of nylon in the laboratory and its transformation to a nylon stocking. Please read the...
-
1. Data on the amount of the customers' shopping by using an account card and whether they decided to upgrade their account from silver status to platinum status after receiving the upgrade offer is...
-
1.A transformer has 210turns in the primary coil and 30 turns in the secondary coil. 2.When a 20 V potential difference and 800 W power are outputted from the secondary coil, 3.what is the potential...
-
1. What are the advantages and disadvantages of the various alternatives Ruth Diamond is considering? 2. Do you have any other suggestions for improving the stores sales? 3. What would you recommend?...
-
Porter Corporation owns all 30,000 shares of the common stock of Street, Inc. Porter has 60,000 shares of its own common stock outstanding. During the current year, Porter earns income (without any...
-
Jayne Nopen, CPA, prepares tax returns. The production costs and the number of tax returns prepared for the month of September are as follows: Direct materials ........$ 200 CPA staff salaries...
-
Advance Auto Parts, Inc. is . . . a leading automotive aftermarket parts provider in North America. . . . We were founded in 1929 as Advance Stores Company. . . . As of January 2, 2016 . . . we...
-
If a person dies without a will, all of their property automatically passes to the state in which that person lived most of their life. (True/False)
-
Assume the Board of Pharmacy passed a regulation that pharmacists may not wear facial jewelry (from piercing). You are a pharmacist who has a number of rings in your eyebrows, nose, and lips. On what...
-
A living trust is created by a grantor during their lifetime. (True/False)
-
MD Helicopters, Inc., based in Arizona, failed to deliver eight helicopters to the Netherlands National Police Services Agency. The National Police successfully sued MD for breach of contract in...
-
How does a living trust differ from a testamentary trust?
-
In Problem discuss the validity of each statement. If the statement is always true, explain why. If not, give a counterexample. If all payoffs of a matrix game are negative, then the value of the...
-
QUESTION 9 HC-O-C-R R-C-O-CH HC-O-P-O-CH-CH-NH3* O || O a. Phosphatidic acid, Serine O b. Lysophosphatidic acid, Serine, Free FA O c. Lysophosphatidylserine, Free FA O d. 2 Free FAs, Serine, Glycerol...
-
Zap Industries had a tentative general business credit in 2019 of $60,000. Its tax liability in 2018 was $20,000. Its tax liability before the general business credit in 2019 is $50,000. a. What is...
-
Flynn Corporation reports operating expenses of $80,000 excluding depreciation expense of $15,000 for 2010. During the year prepaid expenses decreased $6,600 and accrued expenses payable increased...
-
Rapture Corporation had the following transactions. 1. Issued $200,000 of bonds payable. 2. Paid utilities expense. 3. Issued 500 shares of preferred stock for $45,000. 4. Sold land and a building...
-
JMB Photography reported net income of $100,000 for 2010. Included in the income statement were depreciation expense of $6,000, patent amortization expense of $2,000, and a gain on sale of equipment...
-
In response to a client request, draft an email that explains why you are unable to fulfill her request. Keeping her as a client is your primary goal, so remember that. The "Company Policy Excuse" is...
-
Share a situation in your personal or professional life that made you more aware that your perception had an impact on a communication exchange. Discuss two strategies for avoiding perceptual errors...
-
What are the primary purposes of corporate restructurin? when and why multi business corporations implement the restructuring strategy? Explain with Example
Study smarter with the SolutionInn App