Question: What's the solution for this last question? SM.61 A small but growing online retailer, Nile Corporation, has shown impressive growth in sales over the past

What's the solution for this last question?


SM.61 A small but growing online retailer, Nile Corporation, has shown impressive

SM.61 A small but growing online retailer, Nile Corporation, has shown impressive growth in sales over the past several years, with sales this past year at $806,000. If the company has a net profit margin of 5 percent, what would its net profit be (in dollars)? (Display your answer as a whole number.) 40300 If in the next year the company achieves its revenue growth target of 8 percent, what would its total revenue be? (Display your answer as a whole number.) 870480 If in the next year the company achieves its revenue growth target of 8 percent, and assuming its profit margin remained unchanged at 5 percent, what would its total profit be for next year? (Display your answer as a whole number.) 43524 If the company achieves its revenue growth target of 8 percent, by how many dollars will revenue increase? (Display your answer as a whole number.) 64480 If the company achieves its revenue growth target of 8 percent, by how many dollars will net profit increase? (Display your answer as a whole number.) 3224 Using the original revenue number of $806,000, if the company spends 72 percent of its revenue on purchases, what would be its purchasing expense? (Display your answer as a whole number.) 580320 Assuming that revenues stayed flat (meaning the company did not try to increase sales by the 8 percent target), by what percentage would they have to decrease purchasing expenses to equal the increased profit that would have come from a 8 percent increase to revenues? (Write your answer as a percentage, and display your answer to two decimal places.) 0.08 %

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