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leannehounschell
08.10.2019 •
Business
Local co. has sales of $ 10.1 million and cost of sales of $ 5.5 million. its selling, general and administrative expenses are $ 460 comma 000 and its research and development is $ 1.4 million. it has annual depreciation charges of $ 1.4 million and a tax rate of 35 %. a. what is local's gross margin? b. what is local's operating margin? c. what is local's net profit margin? a. what is local's gross margin? local's gross margin is 45.54 45.5%. (round to one decimal place.) b. what is local's operating margin? local's operating margin is nothing%. (round to one decimal place.) c. what is local's net profit margin? local's net profit margin is nothing%. (round to two decimal places.)
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Ответ:
1. 45.5%
2. 13.3%
3. 7.2%
Explanation:
The formulas and calculations are shown below:
1. Gross margin = (Sales - cost of sales) ÷ (sales) × 100
= ($10.1 million - $5.5 million) ÷ ($10.1 million) × 100
= ($4.6 million) ÷ ($10.1 million) × 100
= 45.5%
Gross profit = Sales - cost of sales
2. Operating margin = (Gross profit - selling, general and administrative expenses - research and development - annual depreciation charges) ÷ (sales) × 100
= ($4.6 million - $460,000 or $0.46 million - $1.4 million - $1.4 million) ÷ ($10.1 million) × 100
= ($1.34 million) ÷ ($10.1 million) × 100
= 13.3%
Operating income = Gross profit - selling, general and administrative expenses - research and development - annual depreciation charges
3. Net profit margin = (Operating income - taxes) ÷ (sales) × 100
= ($1.34 million - $0.6097 million) ÷ ($10.1 million) × 100
= ($0.7303 million) ÷ ($10.1 million) × 100
= 7.2%
The income tax expense = Operating income × income tax rate
= $1.34 million × 45.5%
= $0.6097 million
Ответ:
Yes, I agree with this because firstly ... there is a pressure of studies and then secondly... there is another stress of hormonal changes happening inside our body which doesn't allow our mind to rest !...so they start finding some new people to talk to or find some new things to do so that they be relieved from this stress for at least some time !!...
have a great day!