Financial Ratios. Adelaide Inc. made $90,712.00 of revenue in 2020. The Cost of Goods Sold was...

 

 

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Financial Ratios. Adelaide Inc. made $90,712.00 of revenue in 2020. The Cost of Goods Sold was $10,750.00, and the Total Expense was $45,755.00. As of December 31, 2020, the company had $228,240.00 worth of Assets, which includes $5,080.00 worth of Current Assets, and $73,090.00 of Total Liabilities, which contains $22,710.00 worth of Current Liabilities, as well as 350 shares outstanding. Assume there were no interest, no tax, and no dividend payout, what was Adelaide Inc.'s Profit Margin? Financial Ratios. Etowah Inc. made $356,000.00 of revenue in 2020. The Cost of Goods Sold was $153,700.00, and the Total Expense was $105,000.00. As of December 31, 2020, the company had $269,300.00 worth of Assets, which includes $75,800.00 worth of Current Assets, and $150,000.00 of Total Liabilities, which contains $25,000.00 worth of Current Liabilities, as well as 70,000 shares outstanding. Assume there were no interest, no tax, and no dividend payout, what was Etowah Inc.'s Debt-to-Equity Ratio? Financial Ratios. Adelaide Inc. made $90,712.00 of revenue in 2020. The Cost of Goods Sold was $10,750.00, and the Total Expense was $45,755.00. As of December 31, 2020, the company had $228,240.00 worth of Assets, which includes $5,080.00 worth of Current Assets, and $73,090.00 of Total Liabilities, which contains $22,710.00 worth of Current Liabilities, as well as 350 shares outstanding. Assume there were no interest, no tax, and no dividend payout, what was Adelaide Inc.'s Profit Margin? Financial Ratios. Etowah Inc. made $356,000.00 of revenue in 2020. The Cost of Goods Sold was $153,700.00, and the Total Expense was $105,000.00. As of December 31, 2020, the company had $269,300.00 worth of Assets, which includes $75,800.00 worth of Current Assets, and $150,000.00 of Total Liabilities, which contains $25,000.00 worth of Current Liabilities, as well as 70,000 shares outstanding. Assume there were no interest, no tax, and no dividend payout, what was Etowah Inc.'s Debt-to-Equity Ratio?

Answer rating: 100% (QA)

To calculate Adelaide Incs Profit Margin we need to use the formula Profit Margin Net Income Reven... View the full answer