Distinguish between gross profit margin, operating profit margin, and net profit margin and provide the formula for
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
Gross Profit Margin is used to determine how much gross profit is generated by each do...View the full answer
Answered By
Gaurav Soni
Teaching was always an area where I can pursue my passion. I used to teach my friends and junior during my school and college life. After completing my professional qualification (chartered accountancy) and before joining my job, I also joined an organization for teaching and guidance to my juniors. I had also written some articles during my internship which later got published. apart from that, I have also given some presentations on certain amendments/complex issues in various forms.
Linkedin profile link:
https://www.linkedin.com/in/gaurav-soni-38067110a
5.00+
7+ Reviews
13+ Question Solved
Related Book For
Question Posted:
Students also viewed these Finance questions
-
Distinguish between gross profit as a percentage of cost and gross profit as a percentage of sales prices. Convert the following gross profit percentages based on cost to gross profit percentages...
-
Explain the difference, if any, between gross profit margin and profit margin.
-
Distinguish between operating profit and net profit.
-
ME-1" Ltd. acquired 80% equity shares of You-2nd Ltd. on 30/04/2020 for a cost of GHS60,000. At that time the general reserves were GHe6,000 respectively.
-
Suppose that the n variablesX1, . . . , Xn form a random sample from the uniform distribution on the interval [0, 1] and that the random variables Y1 and Yn are defined as in Eq. (3.9.8). Determine...
-
You borrow money from your bank to purchase a house. You are offered the following information. Find out the price of house based on the table, i.e., find out PV of the loan. Assume that there is no...
-
Discuss the theoretical bases for the four HR administrative approaches introduced in this chapter. Are such theories useful to HR professionals in their efforts to improve transactional performance?...
-
Pool Company purchased 90% of the outstanding common stock of Spruce Company on December 31, 2011, for cash. At that time the balance sheet of Spruce Company was as follows: Current...
-
Placid Lake Corporation acquired 8 0 percent of the outstanding voting stock of Scenic, Incorporated, on January 1 , 2 0 2 3 , when Scenic had a net book value of $ 4 8 0 , 0 0 0 . Any excess fair...
-
Figure P.6.33 shows the image irradiance distributions arising when a monochromatic point source illuminates three different optical systems, each having only one type of aberration. From the graphs...
-
If a company has $181,000 in total liabilities and $225,000 in total assets, what percentage of total assets is being financed with the use of other people's money?
-
Why is the operating return on assets ratio also referred to as the operating return on investment?
-
What is an international medical graduate, and what populations have they traditionally been most likely to serve?
-
At 30, Maya, a dedicated soware developer with a passion for wildlife photography and environmental conservaon, is planning for early rerement from the workforce by age 50. With $150,000 already in...
-
How to differentiate the essential attributes of quality financial statements that can be found in Coca-Cola and Pepsi Companies.
-
Peak Corporation is undergoing financial difficulty and planning to liquidate assets. Based on its financial statements as of Y2022 total iabilities amount to Net sales is P10Million. Asset ratio is...
-
Amor Co. is undergoing financial difficulty and the shareholders decided to liquidate the company. The company reported cash of P65,000 and building valued at P875,000. They owe P560,000 to various...
-
Purple Corporation is undergoing financial difficulty and planning to liquidate its assets. Current ratio is currently at 1.5x. Purple Corp. current liabilities is 500,000; non-current liabilities of...
-
James Clark is a foreign exchange trader with Citibank. He notices the following quotes. a. Is the interest rate parity holding? You may ignore transaction costs. b. Is there an arbitrage...
-
The registrar of a college with a population of N = 4,000 full-time students is asked by the president to conduct a survey to measure satisfaction with the quality of life on campus. The following...
-
What is the importance of the relationship between a ventures current liabilities and its total debt?
-
Describe the two types of coverage ratios that are typically calculated when trying to assess a ventures ability to meet its interest payments and other financing-related obligations.
-
What are four measures used to indicate how efficient the venture is in generating profits on its sales? Describe how each measure is calculated.
-
10. The probability that automobile sales will increase next month (A) is estimated to be 0.40. The probability that the sale of replacement parts will increase (R) is estimated to be 0.50. The...
-
You are trying to prepare financial statements for Bartlett Pickle Company, but seem to be missing its balance sheet. You have Bartlett's income statement, which shows sales last year were $630...
-
Custom Cabinetry has one job in process (Job 120) as of June 30; at that time, its job cost sheet reports direct materials of $6,400, direct labor of $3,400, and applied overhead of $2,890. Custom...
Study smarter with the SolutionInn App