Zenith Industries reports the following data: Account Amount ($) Depreciation 60 COGS 800 Sales 1,200 SG&A Expenses 150 Its peer group has a gross profit margin of 35%. How does Zenith compare to its peers? a. Zenith's 25% gross profit margin is inferior to its peer group. b. Zenith's 33% gross profit margin is inferior to its peer group. c. Zenith's 40% gross profit margin is superior to its peer group. d. Zenith's 35% gross profit margin is the same as its peer group no better or worse.

Subject:

Vincenzo Corporation is a manufacturer with four product lines. Below is some financial information about each of the four product lines. Required:Calculate, explain, and determine which of the segments are reportable based on the:a. Revenue testb. Operating profit (loss) testc. Identifiable assets testd. 75 percent combined revenue test

The following information relates to a company for two periods: year 1; profit- GHC131250, sales- GHC1375000; year 2; profit- 225000, sales- GHC1750000. What is the sales level to earn a profit of GHC262500? O A. GHC2000000 OB. GHC1500000 OC. GHC1900000 D. GHC1000000

ABC company has NOA of $23,046. Its comparable companies show the following financial data: Company Operating value NOA $23,046 $29,828 $32.956 LBJ $36412 $29,828 $18,923 MLK $34,277 $26,449 NDR $20,932 What is ABC company's operating value? Assume an equally weighted average is used in the multiple method. $14,702

Company X is competing with company Y. These are their ratios:   x y Total Asset Trunover .462 .361 Inventory Turnover 30.23 37.40 Accounts Receivable n/a n/a Based on Asset Utilization/Management Efficiency, which company is doing better when compared to the other?

The following are the income statements for Ace and Diamond Companies. Diamond $ 76,000 49,000 45,600 21,000 30,400 9,500 12,500 $ 11,500 $ 17,900 What are the net income percentages for Ace and Diamond, respectively? Revenue Cost of goods sold Gross margin Operating expenses Net income Multiple Choice 6.09% and 4.25% 16.4% and 23.6% 1.83% and 1.70% 30% and 40% Ace $ 70,000

This topic is about CVP Analysis. Check the photo for the problem

Chambliss Corp.'s total assets at the end of last year were $265,000 and its EBIT was 62,500. What was its basic earning power (BEP)? Select the correct answer.   a. 22.88%     b. 24.28%     c. 23.58%     d. 24.98%     e. 22.18%

P5-5A Profitability Analysis Kolby Enterprise reports the following information on its income statement: net sales 250,000, cost of goods sold 150,000, selling expenses 50,000, Administrative expenses 10,000, other income 15,000, other expense 10,000.  Required Calculate Kolby's gross profit percentage and return on sales ratio. Explain what each ratio tells us about Kolby's performance.  Kolby is planning to add a new product and expects net sales to be $45,000 and cost of goods to be 38,000. No other income or expand are expected to change. How will this affect Kolby's gross profit percentage and return on sales ratio? What do you advise regarding the new product offering?