a. A firm reports Net income $60,000 on sales of $200,000. If the interest expenses zero...

 

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a. A firm reports Net income $60,000 on sales of $200,000. If the interest expenses zero & taxes are $150,000, how much is the profit margin? b. A firm has current liabilities of $300,000, current assets of $900,000, and inventory $350,000, What is the value of current ratio? a. How much will accumulate in an account with an initial deposit of $8,000, and which earns 10% interest compounded for 4 years? (by using the equation). b. If four years of college is expected to cost $60,000, 15 years from now, how much must be deposited now into an account that will average 5% annually in order to save the $60,000. (by using the equation). a. A firm reports Net income $60,000 on sales of $200,000. If the interest expenses zero & taxes are $150,000, how much is the profit margin? b. A firm has current liabilities of $300,000, current assets of $900,000, and inventory $350,000, What is the value of current ratio? a. How much will accumulate in an account with an initial deposit of $8,000, and which earns 10% interest compounded for 4 years? (by using the equation). b. If four years of college is expected to cost $60,000, 15 years from now, how much must be deposited now into an account that will average 5% annually in order to save the $60,000. (by using the equation).

Answer rating: 100% (QA)

Answer a To calculate the profit margin you can use the following formula Profit Margin Net Income Sales 100 Given that the net income is 60000 and sales are 200000 we can substitute these values into ... View the full answer