Questions: Exercise 3-19 (Static) Computing and interpreting profit margin LO A1 Use the following information to compute profit margin for each separate company a through e. Note: Round your answers to 1 decimal place. Company Net Income Net Sales Profit Margin (%) a. 4,361 44,500 b. 97,706 398,800 c. 111,281 257,000 d. 65,646 1,458,800 e. 80,132 435,500 Which of the five companies is the most profitable according to the profit margin ratio? Company a Company b Company c Company d Company e

Exercise 3-19 (Static) Computing and interpreting profit margin LO A1 Use the following information to compute profit margin for each separate company a through e. Note: Round your answers to 1 decimal place. Company Net Income Net Sales Profit Margin (%) a. 4,361 44,500 b. 97,706 398,800 c. 111,281 257,000 d. 65,646 1,458,800 e. 80,132 435,500 Which of the five companies is the most profitable according to the profit margin ratio? Company a Company b Company c Company d Company e
Transcript text: Exercise 3-19 (Static) Computing and interpreting profit margin LO A1 Use the following information to compute profit margin for each separate company a through $e$. Note: Round your answers to 1 decimal place. \begin{tabular}{|c|c|c|c|} \hline Company & Net Income & Net Sales & Profit Margin (\%) \\ \hline a. & \$ 4,361 & \$ 44,500 & \\ \hline b. & 97,706 & 398,800 & \\ \hline c. & 111,281 & 257,000 & \\ \hline d. & 65,646 & 1,458,800 & \\ \hline e. & 80,132 & 435,500 & \\ \hline \end{tabular} Which of the five companies is the most profitable according to the profit margin ratio? Company a Company b Company c Company d Company e
failed

Solution

failed
failed

Solution Steps

Step 1: Calculate Profit Margin for Each Company

For a, the profit margin is calculated as \((\frac{4361}{44500}) \times 100\%\) = 9.8%. For b, the profit margin is calculated as \((\frac{97706}{398800}) \times 100\%\) = 24.5%. For c, the profit margin is calculated as \((\frac{111281}{257000}) \times 100\%\) = 43.3%. For d, the profit margin is calculated as \((\frac{65646}{1458800}) \times 100\%\) = 4.5%. For e, the profit margin is calculated as \((\frac{80132}{435500}) \times 100\%\) = 18.4%.

Step 2: Compare Profit Margins and Identify the Most Profitable Company

The company with the highest profit margin is c with a profit margin of 43.3%.

Final Answer:

The most profitable company is c with the highest profit margin of 43.3% among the given companies.

Was this solution helpful?
failed
Unhelpful
failed
Helpful

Questions asked by other users

failedAnswered
The functions f and g are defined as follows. f(x) = x / (x^2 + 36) g(x) = (x + 9) / (x^2 - 81) For each function, find the domain. Write each answer as an interval or union of intervals. Domain of f : Domain of g :
failedAnswered
Quadratic Equations and Functions Solving a quadratic equation using the square root property: Exact.: Solve (x^2=48), where (x) is a real number. Simplify your answer as much as possible. If there is more than one solution, separate them with commas If there is no solution, click "No solution." [ x= ] (sqrtsquare)
failedAnswered
A normal population has a mean of 75 and standard deviation of 5. You select random samples of 40. Required: a. Apply the central limit theorem to describe the sampling distribution of the sample mean with n=40. What condition is necessary to apply the central limit theorem? b. What is the standard error of the sampling distribution of sample means? Note: Round your answer to 2 decimal places. c. What is the probability that a sample mean is less than 74 ? Note: Round z-value to 2 decimal places and final answer to 4 decimal places.
failedAnswered
Choose ONE of the following options and write a well-organized essay of 1,000-1,250 words. Literary analysis focuses on the primary texts and what we call close reading. The goal of close reading is to analyze the text and interpret details to see why the text is significant. It does not focus on summary, but rather, it emphasizes picking apart the text to see how it was constructed and what it means. A close reading might emphasize specific repeated elements like symbols, gender representation, key themes, or it can even compare how those manifest in different examples. No matter what you choose, the paper must contain examples and details from Stoker's Dracula, while the film and pop culture analysis papers will also require outside sources and examples. Formal secondary research (such as journal articles or books) is not required, but finding other fictional examples is encouraged for several of the options. 1. Classic Literary Analysis 1: How is the gothic represented in the novel? How does it help set the tone or shape the reader's expectations? Use the gothic resources from our class or outside sources to help form your argument.
failedAnswered
Factor the trinomial, or state that the trinomial is prime. 7 x^2 - 34 x - 5