Business

26 January, 13:35

Richard's Sporting Goods reports net income of $150,000, net sales of $520,000, and average assets of $1,600,000. The profit margin is:

+5

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Richard's Sporting Goods reports net income of $150,000, net sales of $520,000, and average assets of $1,600,000. The profit margin is: ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

You've just graduated from Berkeley College with a major in accounting and have landed your first accounting job. Your assignment at work today is to complete a Trial Balance.

Amy and brian were investigating the acquisition of a tax accounting business, bottom line inc. (bli). as part of their discussions with the sole shareholder of the corporation, ernesto young, they examined the company's tax accounting balance sheet.

Amanda the owner of a small business firm, wants to reach out to a large consumer base. Her allocation of funds for advertisement is limited. How can she achieve her objective? A. by opening more stores B.

How is an executable file different from a data file?

Murphy company produces flash drives for computers, which it sells for $20 each. each flash drive costs $8 of variable costs to make. during april, 700 drives were sold. fixed costs for april were $4 per unit for a total of $2,800 for the month.

New Questions in Business

Which of the following is a drawback of setting pay rates based strictly on a pay policy line? A. It increases the administrative burden of managing the compensation system. B. Employees have difficulty interpreting regression analysis. C.

Long-lived assets are: a) non-operating assets expected to yield their economic benefits (or service potential) over a period longer than one year.

An airline company is interested in the opinions of their frequent flyer customers about their proposed new routes. Specifically, they want to know what proportion of them plan to use one of their new hubs in the next 10 months.

Taylor Bank lends Guarantee Company $92,811 on January 1. Guarantee Company signs a $92,811, 12%, nine-month note. The entry made by Guarantee Company on January 1 to record the proceeds and issuance of the note is

Why is it important to know the interest rate on your credit card? a) The higher the interest rate, the more money you will be paying back b) The higher the interest rate, the less money you will be paying back c) The lower the interest rate, the