The table below contains the profit margin for the 10 most profitable companies in the chemical and
Fantastic news! We've Found the answer you've been seeking!
Question:
The table below contains the profit margin for the 10 most profitable companies in the chemical and business software industries during one week in February, 2010. Is there a difference between these two industries in their average profit margins?
Transcribed Image Text:
Industry Chemicals Chemicals Chemicals Chemicals Chemicals Chemicals Chemicals Chemicals Chemicals Chemicals Business Software Business Software Business Software Business Software Business Software Business Software Business Software Business Software Company Southridge Enterprise China Agri Business China Sun Group High Tech American Nano Silicon Tech Flamemaster Corp. FutureFuel Corp. Epolin Inc. Air Products & Chemicals Celanese Corp. Synthetech Inc. Ebix Inc. Incredimail LongtopFin'l Tech. Descartes Systems Cogent Inc. Supportsave Solutions Gravity Co. Issuer Direct Business Software Business Software Source: Online Investor.com Profit Margin for one week in February, 2010 Jingwei Int'l TeleCom. Systems Symbol SRGE CHBU CSGH ANNO FAME FTFL EPLN APD CE NZYM EBIX MAIL LFT DSGX COGT SSVE GRVY ISDR JNGW TSYS Profit Margin* 31.37 29.66 22.35 16.02 12.20 11.92 10.90 9.87 9.52 9.13 0.40 39.97 38.80 27.57 26.29 23.71 20.28 19.64 19.39 19.10 Industry Chemicals Chemicals Chemicals Chemicals Chemicals Chemicals Chemicals Chemicals Chemicals Chemicals Business Software Business Software Business Software Business Software Business Software Business Software Business Software Business Software Company Southridge Enterprise China Agri Business China Sun Group High Tech American Nano Silicon Tech Flamemaster Corp. FutureFuel Corp. Epolin Inc. Air Products & Chemicals Celanese Corp. Synthetech Inc. Ebix Inc. Incredimail LongtopFin'l Tech. Descartes Systems Cogent Inc. Supportsave Solutions Gravity Co. Issuer Direct Business Software Business Software Source: Online Investor.com Profit Margin for one week in February, 2010 Jingwei Int'l TeleCom. Systems Symbol SRGE CHBU CSGH ANNO FAME FTFL EPLN APD CE NZYM EBIX MAIL LFT DSGX COGT SSVE GRVY ISDR JNGW TSYS Profit Margin* 31.37 29.66 22.35 16.02 12.20 11.92 10.90 9.87 9.52 9.13 0.40 39.97 38.80 27.57 26.29 23.71 20.28 19.64 19.39 19.10
Expert Answer:
Answer rating: 100% (QA)
TTest Business Research Methods Project Description In this project the goal was to determine whether there is any difference in profit margin means f... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date:
Students also viewed these finance questions
-
In a stock acquisition, why is there a difference between the tax basis of assets held by an acquired corporation and the tax basis of the shares held by a corporate acquirer? Why is this difference...
-
Is there a difference between a $5,900 Loro Piana vicua sweater and a $150 cashmere sweater from L.L. Bean? Have you ever purchased a higher-priced product or service because you thought the quality...
-
Is there a difference between the book value of accounts shown on the statement of financial position and market value? Explain.
-
6.33. The "intrinsic gain" of a MOSFET oper- ating in saturation is defined as gmro. De- rive an expression for gmro and plot the result as a function of ID. Assume VDs is constant.
-
Prepare the 2015 common- base year balance sheet for Just Dew It. Just Dew It Corporation reports the following balance sheet information for 2014 and 2015. Use this information to work Problems 13...
-
What happens if a larger company uses multiple reports and multiple models / templates when the review and report data? What happens if there is a lack of consistency and uniformity within the...
-
An investor with unit wealth maximizes the expected value of the utility function $U(x)=a x-b x^{2} / 2$ and obtains a mean-variance efficient portfolio. A friend of his with wealth $W$ and the same...
-
You have been given the following return data on 3 assetsF, G, and Hover the period 20152018. Using these assets, you have isolated 3 investment alternatives: Alternative Investment 1 ........ 100%...
-
Discuss the impact of Consolidated Appropriation Act of 2 0 2 1 on the taxes of individuals.
-
Rain is falling on a poorly designed 150-m2 flat roof of a contemporary home. The design flaw requires the water level on the roof to reach approximately 5 cm above the plane of the roof before the...
-
Create a C++ program that generates the Fibonacci sequence up to a specified limit. Design a class hierarchy for different types of vehicles (car, bicycle, motorcycle) in C++. Write a C++ function...
-
What is a model of computation (MoC)?
-
What is the Zeno effect?
-
What are the main differences between PC-based applications and embedded/CPS applications?
-
What does a compact model of the dining philosophers problem look like?
-
What is a hard timing constraint? What is a soft timing constraint?
-
Simplify as much as possible. 2 5v7vy -y63v3 Assume that all variables represent positive real numbers. V 5
-
Calculate the Lagrange polynomial P 2 (x) for the values (1.00) = 1.0000, (1.02) = 0.9888, (1.04) = 0.9784 of the gamma function [(24) in App. A3.1] and from it approximations of (1.01) and (1.03).
-
Write a program that declares the following: A String variable named name . An int variable named age A double variable named annual Pay Store your name, age, and desired income as literals in...
-
When calculating the weighted average number of common shares, how are stock dividends and stock splits treated? Compare this treatment with that of additional shares sold for cash in midyear.
-
Obtain the 2009 annual report of Vodafone www.vodafone.com. Contrast the accounting approaches used in notes 13 for investments in joint ventures and 14 for investments in associated undertakings....
-
Hoffman Corporation issued $60 million of 5%, 20-year bonds at 102. Each of the 60,000 bonds was issued with 10 detachable stock warrants, each of which entitled the bondholder to purchase, for $20,...
-
You are the product manager of Lexcon Fitness and are considering the production of new elliptical trainers. You feel you can sell 5,500 of these per year for 6 years (after which time this project...
-
At present, Global Skateboards Limited is considering expanding its product line to include solar powered skateboards; however, it is questionable how well they will be received by skateboarders....
-
Decathlon Stores is expanding operations with the introduction of a new distribution center. Not only will sales increase but investment in inventory will decline due to increased efficiencies in...
Study smarter with the SolutionInn App