Question

A company had the following income statement for the previous reporting period (earnings before interest and taxes): Revenue $26,000,000 COGS $20,932409 SG&A $4,503,125 EBIT $564,466 The company is not at its maximum production and wants to make some additional sales this quarter to some new customers. Assuming that indirect costs have already been covered, choose the largest (temporary!) discount that could be offered without losing money. a) 0% b) 10% c) 15% d) 20% e) 25%

233

likes
1165 views

Answer to a math question A company had the following income statement for the previous reporting period (earnings before interest and taxes): Revenue $26,000,000 COGS $20,932409 SG&A $4,503,125 EBIT $564,466 The company is not at its maximum production and wants to make some additional sales this quarter to some new customers. Assuming that indirect costs have already been covered, choose the largest (temporary!) discount that could be offered without losing money. a) 0% b) 10% c) 15% d) 20% e) 25%

Expert avatar
Jayne
4.4
70 Answers
Gross Profit Margin = (Revenue - COGS) / Revenue Given the values: Revenue = $26,000,000 COGS = $20,932,409 We can substitute these values into the formula: Gross Profit Margin = ($26,000,000 - $20,932,409) / $26,000,000 This will give us the gross profit margin as a decimal. To convert it to a percentage, we multiply by 100. The answer is 20%

Frequently asked questions (FAQs)
What is the maximum value of the sine function when the angle is between 0 and 2π?
+
What is the measure of angle ABD if angle ABC has a measure of 60 degrees and angle CBD has a measure of 30 degrees?
+
What is the result of multiplying 45 by 7?
+
New questions in Mathematics
Let f(x)=||x|−6|+|15−|x|| . Then f(6)+f(15) is equal to:
11(4x-9)= -319
224 × (6÷8)
To make brine, José buys 1 kg of salt and pays 12 pesos. If he buys 4 kg, they charge him 48 pesos, but for 100 pesos they sell him 9 kg. What is the constant of proportionality?
Analyze the following situation Juan is starting a new business, he indicates that the price of his product corresponds to p=6000−4x , where x represent the number of tons produced and sold and p It is given in dollars. According to the previous information, what is the maximum income that Juan can obtain with his new product?
Find the derivatives for y=X+1/X-1
The average number of babies born at a hospital is 6 per hour. What is the probability that three babies are born during a particular 1 hour period?
Two minus log 3X equals log (X over 12)
Show work on 4108 divided by 4
The business college computing center wants to determine the proportion of business students who have personal computers (PC's) at home. If the proportion is greater than 35%, then the lab will modify a proposed enlargement of its facilities. Suppose a hypothesis test is conducted and the test statistic is z= 2.6. Find the P-value for this test.
What is the value of f(-3) for the function X squared+5x-8=
The annual real property tax liability for a residential property is $4302 and has been paid by the seller in advance of closing. Using the 30-day month/260-day year method what will be the tax proration entry on the settlement statement round to the nearest dollar for a closing on Oct. 26 if the buyer owns the day of closing? a. $3525 credit to the buyer and $777 debit to the seller b. $777 debit to the buyer and $3525 debit to the seller c. $777 credit to the buyer and $777 debit to the seller d. $3525 debit to the buyer and $3525 credit to the seller *Can anyone help with this? I am studying for my real estate exam and am having trouble with some of the calculations :)
Gender and communication : Answer the question ( 1 paragraph is ok) . Please can you write about women? Compared to your other identities, how much of a role does gender play in your life? And has your own sex/gender offered you privileges or disadvantages? How so?
0<x<2π aralığındaki f(x)=x÷2 fonksiyonunun 0 < x < 4π için grafiğini çiziniz ve 0<x<2n için Fourier seri dönüşümünü gerçekleştiriniz.
-6 - t / 4 = -1
How many digits are there in Hindu-Arabic form of numeral 26 × 1011
Carmen's age was twice as old as Luis was when Carmen was Luis's age. When Luis is Carmen's age, their ages will add up to 112.
Find the orthogonal projection of a point A = (1, 2, -1) onto a line passing through the points Pi = (0, 1, 1) and P2 = (1, 2, 3).
Exercise The temperature T in degrees Celsius of a chemical reaction is given as a function of time t, expressed in minutes, by the function defined on ¿ by: T (t )=(20 t +10)e−0.5t. 1) What is the initial temperature? 2) Show that T' (t )=(−10 t +15)e−0 .5t. 3) Study the sign of T' (t ), then draw up the table of variations of T . We do not ask for the limit of T in +∞. 4) What is the maximum temperature reached by the reaction chemical. We will give an approximate value to within 10−2. 5) After how long does the temperature T go back down to its initial value? We will give an approximate value of this time in minutes and seconds. DM 2: study of a function Exercise The temperature T in degrees Celsius of a chemical reaction is given as a function of time t, expressed in minutes, by the function defined on ¿ by: T (t )=(20 t +10)e−0.5t. 1) What is the initial temperature? 2) Show that T' (t )=(−10 t +15)e−0.5 t. 3) Study the sign of T' (t ), then draw up the table of variations of T . We do not ask for the limit of T in +∞. 4) What is the maximum temperature reached by the reaction chemical. We will give an approximate value to within 10−2. 5) After how long does the temperature T go back down to its initial value? We will give an approximate value of this time in minutes and seconds.
Find the rule that connects the first number to the second number of each pair. Apply the rule to find the missing number in the third pair. (18 is to 22) (54 is to 26) (9 is to ?)