McCann's Pizza forecasts sales of $567,071.00 for the upcoming year. The owner, McCann, keeps all of...

 

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McCann's Pizza forecasts sales of $567,071.00 for the upcoming year. The owner, McCann, keeps all of the net income as his salary for the year. He wants to earn $125,820.00 in net income. What is the net profit margin required for him to earn his target salary? Submit A firm has a debt-to-equity ratio of 0.46. The firm has $492,791.00 in debt. What is the value of their total assets? Submit Answer format: Currency: Round to: 2 decimal places. McCann's Pizza forecasts sales of $567,071.00 for the upcoming year. The owner, McCann, keeps all of the net income as his salary for the year. He wants to earn $125,820.00 in net income. What is the net profit margin required for him to earn his target salary? Submit A firm has a debt-to-equity ratio of 0.46. The firm has $492,791.00 in debt. What is the value of their total assets? Submit Answer format: Currency: Round to: 2 decimal places.

Answer rating: 100% (QA)

To calculate the net profit margin required for McCann to earn his target salary you can ... View the full answer