What is the firm''s profit margin
Profitability ratios Elizabeth Tailors, Inc., has assets of $8,000,000 and turns over its assets 2.5 times per year. Return on assets is 9.5 percent. What is the firm's profit margin (returns on sales)?
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Bender Guitar Corporation, a manufacturer of custom electric guitars, is contemplating a $1,000,000 investment in a new production facility. The economic life of the facility is estimated to be five years, after which the facility will be obsolete
Should divorce be avoided unless it is absolute necessary? If yes, what situations make them absolutely necessary? If not, why not?
Profitability ratios Polly Esther Dress Shops, Inc., can open a new store that will do an annual sales volume of $960,000. It will turn over its assets 2.4 times per year. The profit margin on sales will be 7 percent.
Discuss the positive and negative effects of no-fault divorce laws.
Sam Johnson has created some financial goals for himself. He is 40 years old, currently has a great job, and pays his bills on time. He wants to save enough money to put his children-currently ages 3 and 8, through college.
What are the steps in reconciling pretax financial income and taxable income? And how is this reconciliation disclosed to the financial community?
For the preceding 3 years, Bell had been a retailer of audio systems. After a thorough survey of audio system markets, Bell decided to turn its retail store into an audio equipment factory.
The firm is able to keep all other expenses the same. Once again, assume a tax rate of 30 percent on income before taxes. What are income after taxes and the profit margin for 2011?
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