When vertical analysis is applied to the income statement of a business with net sales of 1,000,000 TL and marketing expenses of 88,000 TL, which of the following is the vertical analysis value of marketing expenses (%)? a) 10.8 B) 50 NS) 9.9 D) 8.8 TO) 30.5

When vertical analysis is applied to the income statement of a business with net sales of 1,000,000 TL and marketing expenses of 88,000 TL, which of the following is the vertical analysis value of marketing expenses (%)? a) 10.8 B) 50 NS) 9.9 D) 8.8 TO) 30.5

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Related questions

Q: If Net sales $200,000, Cost of goods sold 90,000, Operating expenses 80,000, Net income10,000, Total…

A: Operating Income = Net Sales - Cost of goods sold - Operating expenses = $200,000 - $90,000 -…

Q: Accounts receivable Inventory Total current assets Intangible assets Total assets Current…

A: Profit margin is a financial metric that measures the profitability of a business by expressing its…

Q: QI: Use the following multi-step income statement of Ancho Company to prepare a single-step version.…

A: Income statement can be prepared by using two method which are, (1) Single step income statement…

Q: Assume sales are $150,000; Operating income is $30,000; and average operating assets are $75,000.…

A: As posted multiple question we are answering only first three kindly repost the unanswered questions…

Q: Your Company reported the following: Year 1 Year 2 Year 3 Year 4 Margin 4% 6% 5% 8% Turnover ?…

A: ROI means the return on investment which is calculated by dividing the net operating income with…

Q: What company is better in short-term and why

A: Accounting Ratios- Accounting Ratios are the ratios that are used to compare financial statements of…

Q: 44. Oman Gulf Company SAOC shows some of the financial information in their annual report. Sales: RO…

A: Net Profit Margin Ratio: It is the financial ratio calculated by dividing total revenue by total…

Q: From the following information, interpret the concern, using Trend Ratios. Particulars Sales (Net)…

A: Trend analysis is a technique used in financial analysis to evaluate and identify patterns or trends…

Q: The following are the income statements for Ace and Diamond Companies. Diamond $ 76,000 45,600…

A: In business maintaining good margin and profits are and if you do not maintain profit and margins…

Q: 10. Kragle Corporation reported the following financial data for one of its divisions for the year;…

A: Ratio analysis is a technique of analysis of the financial statements by computing various ratios.…

Q: Profit Margin, Investment Turnover, and ROI Briggs Company has an operating income of $36,000,…

A: Ratio analysis is a method of measuring the financial position of the organization with different…

Q: Assume a company reported the following results: Sales Net operating income Average operating assets…

A: Return on investment = Net operating income/Average operating assets Net operating income = Average…

Q: For each row of the Income Statement Calculate the Vertical Analysis percentage. Round to 1 place…

A: Vertical analysis: It is a method of analyzing the financial statement in which each item is shown…

Q: the estimated amount of depreciation on equipment for a period is $3,500, the adjusting entry to…

A: "Since you have asked multiple questions, we will solve first question for you. If you want any…

Q: - If the sales of a business are 2.400.000 TL and the cost of goods sold is 400.000 TL, what is the…

A: Gross Profit: Difference between the sales and the cost of goods sold is called gross Profit. Gross…

Q: Provide the missing data in the following tabulation: Division Alpha Bravo Charlie Revenue…

A: Answer:- Operating profit meaning:- Operating profit is basically the sum of money that remains…

Q: COMPANY A INCOME STATEMENT: VERTICAL ANALYSIS COMPANY A COMPANY B SALES REVENUE 100% 100% LESS:…

A: Vertical Analysis is a form of financial analysis where the line items on a company’s income…

Q: Comparative data on three companies in the same service industry are given below. Required: 2. Fill…

A: Margin :— It is calculated by dividing net operating income by sales. Turnover :— It is calculated…

Q: Perform a vertical analysis for the entry "Gross Sales" on the portion of an income statement shown…

A: Vertical Analysis refers to the income statement analysis where all the line items present in the…

Q: Required: a. Firm D has net income of $39,000, sales of $1,300,000, and average total assets of…

A: Ratio analysis is a method of measuring the financial position of the organization with different…

Q: Required: a. Firm D has net income of $26,500, sales of $970,000, and average total assets of…

A: Profit Margin :— It is calculated by dividing net income by sales during the period. Turnover :—…

Q: Marino Company has provided the following information: Net sales, $480,000 Net income, $24,000…

A: NET INCOME MARGIN Net Income Margin is the Ratio between Net Income During the Year & Net…

Q: Conduct a vertical analysis in the given data. With solutions

A: Vertical analysis is one of the financial statement analysis tool under which each item is being…

Q: Assume a company reported the following results: Sales Net operating income Average operating assets…

A: Profit margin is the percentage of profit earned by the entity on its sales. It helps to determine…

Q: Revenue and expense data for Young Technologies Inc. are as follows: Year 2 Year 1 Sales…

A: An income statement is a financial statement that a company prepares quarterly or annually to show…

Q: S Required: a. Firm A has a margin of 12%, sales of $550,000, and ROI of 18%. Calculate the firm's…

A: Margin :— It is calculated by dividing net income by sales. Turnover :— It is calculated by…

Q: 4. Calculate the % Increase / Decrease in profits for each Year (versus the prior year) using the…

A: "We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: Simple ROI and Residual Income Calculations: Consider the following data: Division Y P2,000,000…

A: Since you have asked two different questions under a single question. Kindly resubmit the question…

Q: vertical and horizontal analysis in the given data

A: Horizontal analysis shows changes in numbers from one period to another period in absolute number…

Q: LO 2. Vertical analysis, or the common-size analysis, is a technique for evaluating financial…

A: Financial statements refer to a set of statements that provide information about the financial…

Q: Required: a. Firm D has net income of $54,000, sales of $1,200,000, and average total assets of…

A: Margin is calculated by dividing net income by sales revenue. Turnover is calculated by dividing…

Q: - If the net profit of a business is 1.200.000 TL and its total assets are 4.000.000 TL, what is the…

A: The profitability ratio indicates the profit earning ability of the firm by using the total assets.…

Q: What is the return on assets for a firm that has a gross profit of $1.2 million, an operating profit…

A: The return on assets can be defined as the ratio that measures the return in percentage terms that…

Q: How would you calculate the average rate using the AVERAGEIF formula based on the given information…

A: The AVERAGEIFS function is a premade function in Excel, which calculates the normal of a range…

Q: Income statement information for Einsworth Corporation follows: Sales $230,000 Cost of goods sold…

A: Vertical analysis of the income statement refers to the analysis of the income statement by…

Q: Assume a company reported the following results: Sales Variable expenses Contribution margin Fixed…

A: MARGINMargin is the Ratio between Net Operating Income & Sales Revenue During the Period.Margin…

Q: When vertical analysis is applied to the income statement of a business with a net sales of TL…

A: The income statement is the most important financial document issued by a business entity. This…

Q: ncome statement information for Einsworth Corporatio ollows: Sales Cost of goods sold Gross profit…

A: The gross profit is calculated as the difference between the sales and cost of goods sold. The…

Q: Consider the following information for Company X: Cost of Goods Sold 19 Revenue 45 Non-Operating…

A: Lets understand the basics. Operating income is a income earned from normal business operation of…

Q: Profit Margin, Investment Turnover, and ROI Cash Company has income from operations of $49,896,…

A: 1. Net Income = Income from operations = $49,896 2. Total Investment = Total Assets = Invested…

Q: McKenzie Sales, Ltd. Comparative Income Statement Sales Cost of goods sold Gross margin This Year…

A: Formula used: Each line item value % = [ Each line item value / Sales value ] x 100

Q: A company had a profit margin of 15%. If net income equaled $44,000 and average total assets equaled…

A: Lets understand the basics. For calculating net sales, we need to use below formula. Profit margin =…

Q: Question: Vertical Analysis of the Income statement Company A Company B Net sales…

Q: Key Performance Metrics of Coca-Cola Company 184,159 181,520 192,342 181,520 192,342 181,823 1 1 1…

Question

25 -
When vertical analysis is applied to the income statement of a business with net sales of 1,000,000 TL and marketing expenses of 88,000 TL, which of the following is the vertical analysis value of marketing expenses (%)?
a)
10.8

B)
50

NS)
9.9

D)
8.8

TO)
30.5

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step 3

VIEW

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

3
Need help with Operating income. What is the formula using the data in the pictures.
20. From the following data calculate: a) P/V Ratio b) Variable cost and c) Profit Rs 80,000 15,000 50,000 Sales Fixed expenses Break even point 000.00 Answer all the question PART-C 21 What are the objectives of management accoun Or b) Distinguish between management accounting a accounting. 22. From the following information calculate the b Total asset/Net worth a. = 3.5 Sales/fixed assets = 6 -
IF XZX has the following data:Profit margin 2%Return on Asset 4%Sales revenues $500,000What is the company Total assets ? O a. $500,000 O b. $300,000 O c. $250,000 O d. $100,000
Please don't provide answer in image format thank you
b) Calculate mark-up (in percentage to 2 decimal places)c) Calculate the margin as a % to 1 decimal placed) What is the operating profit margin percentage if the selling expense isreduced by 25%? Show this to nearest whole number %e) Define the following and provide respective examples.f) If a company has a mark-up of 27% and sales revenue of £130,597, thenwhat is the cost of sales in whole £’s?g) If a company has a net margin of 50%, gross margin of 66.67% and costs of sale of £1,150,000, then what is the sales revenue and overhead?
ROI and Margin Arbus Company provided the following information: Turnover 1.3 Operating assets $106,000 Operating income 6,620 Required: 1. What is ROI? (Round your answer to three decimals.) 0.062 ✓ 2. What is margin? (Round your answer to two decimals.) X Feedback
15. Iriga Company issued its 2011 financial statements on March 1, 2012. The following data are provided by the entity for the year ended December 31, 2011. What amount should be recognized as provision on December 31, 2011? * Amount owing to another entity for services rendered during December 2011. P 300,000 Estimated long service leave owing to employees in respect of past services. 1,200,000 Estimated cost of relocating an employee from head office to a branch in another city (employee will physically relocate in January 2012). 100,000 Estimated cost of overhauling machine every 5 years (the machine is 5 years old on December 31, 2011) 150,000 a. 1,200,000 b. 1,300,000 c. 1,600,000 d. 1,750,000
What is the return on assets of The Big Show Inc. that has sales of $428,300, total assets of $389,100, and a profit margin of 7.2 percent? Multiple Choice 7.01 percent 6.30 percent 6.54 percent 7.93 percent 6.83 percent
10 - T&T Company's selected financial statements items are given as following. Total net sales equals to 100.000 TL, COGS equals to 50.000 TL, operating expenses equals to 20.000 TL, interest expenses equals to 10.000 TL, tax expenses 5.000 TL, total depreciation & amortization expenses equals to 15.000 TL. Calculate the EBITDA/Interest Expense ratio of the company for the year 2020. a) 2,50 b) O 01374 3,00 c) O 4,50 d) 5,00
11. Briton Company has operating income of $36,000, invested assets of $180,000, and sales of $720,000. Use the DuPont formula to compute the return on investment and show (a) the profit margin, (b) the investment turnover, and (c) the return on investment.
3