subject
Business, 03.05.2021 14:40 dawsoncollins4117

The income statement of Small​ Town, Inc. is as shown​ below: Small Town, Inc. Comparative Income Statement Year Ended December 31, 2025 (In millions) Net Sales $7,700 Cost of Goods Sold 4,100 Gross Profit 3,600 Operating Expenses: Selling Expenses 600 Administrative Expenses 400 Total Operating Expenses 1,000 Operating Income 2,600 Other Income and (Expenses): Interest Expense (400) Total Other Income and (Expenses) (400) Income Before Income Taxes 2,200 Income Tax Expense 1,000 Net Income $1,200 Performing a vertical​ analysis, what is the percentage of Cost of Goods Sold to Net​ Sales? A. 53.25​% B. 28.57​% C. 15.58​% D. 46.75​%

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:00
Arriving and delivering a load of company executives for a business meeting at a destination far from home base requiring an overnight stay, a company’s pilot requested approval from the company finance office to pay to either have the company’s jet brought into the fbo's hangar overnight to protect it from a forecast snowfall or to have it de-iced by the fbo the following morning well-before scheduled departure. the company was under considerable financial pressure at the time, and the pilot’s requests were denied because of the cost. so, early the following morning, the pilot was up on the wing of the jet sweeping off an accumulation of snow and ice with a borrowed push broom in preparation for the scheduled departure with the executives, but slipped and fell to the ground, suffering a broken neck. the business was organized as a limited partnership, owned by 3 limited partners and one general partner. as a cost-saving measure, the company had dropped its workers’ compensation insurance before the accident. analyze the potential liability for the pilot’s injuries of each of the following, showing your reasoning clearly: the company the general partner the limited partners analyze how the outcome would have been different, if the business had been organized as a corporation and observed all of the formalities to legitimize its corporate status. analyze how the outcome would have been different, if the pilot had been covered by workers’ compensation insurance.
Answers: 3
question
Business, 22.06.2019 11:00
In each of the following cases, find the unknown variable. ignore taxes. (do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) accounting unit price unit variable cost fixed costs depreciation break-even 20,500 $ 44 $ 24 $ 275,000 $ 133,500 44 4,400,000 940,000 8,000 75 320,000 80,000
Answers: 3
question
Business, 22.06.2019 17:40
Take it all away has a cost of equity of 11.11 percent, a pretax cost of debt of 5.36 percent, and a tax rate of 40 percent. the company's capital structure consists of 67 percent debt on a book value basis, but debt is 33 percent of the company's value on a market value basis. what is the company's wacc
Answers: 2
question
Business, 22.06.2019 17:50
The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends > a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?
Answers: 1
You know the right answer?
The income statement of Small​ Town, Inc. is as shown​ below: Small Town, Inc. Comparative Income St...
Questions
question
Mathematics, 30.03.2021 23:10
question
English, 30.03.2021 23:10
question
Mathematics, 30.03.2021 23:10
question
Mathematics, 30.03.2021 23:10
question
Mathematics, 30.03.2021 23:10
question
Mathematics, 30.03.2021 23:10
question
Physics, 30.03.2021 23:10
question
English, 30.03.2021 23:10