Ask a New Question

Asked by Pat

What if your corp sales last year were $300000 and its net income after taxes was $22000 what was its profit margin on sales?
16 years ago

Answers

Answered by drwls
22/300, after taxes. Convert that to %

16 years ago
There are no AI answers yet. The ability to request AI answers is coming soon!

Submit Your Answer


We prioritize human answers over AI answers.

If you are human, and you can answer this question, please submit your answer.

Related Questions

The ABC Corp. had net income before taxes of $4000,000 and sales of $2,000,000. If it is in the 50%... The total sales made by a salesperson was $25,000 after 3 months and $68,000 after 23 months. Predic... Burger Corp has $500,000 of assets and it uses only common equity capital (zero debt). Its sales for... Temple Corp. is considering a new project whose data are shown below. The equipment that would be u... Winnebagel Corp. currently sells 33,000 motor homes per year at $49,500 each, and 13,200 luxury mo... What is bluntbomb corp Sully Corp. currently has an EPS of $2.35, and the benchmark PE ratio for the company is 21. Earni... Sully Corp. currently has an EPS of $2.14, and the benchmark PE ratio for the company is 20. Earni... ABC Corp Ltd has 10 million shares and $600,000 of debt (issues bonds @ 7% p.a.). EBIT is projected... How does the taxation of a corporation differ from that of a sole proprietorship and partnership
Submit Your Answer

Question

What if your corp sales last year were $300000 and its net income after taxes was $22000 what was its profit margin on sales?

Ask a New Question
Archives Contact Us Privacy Policy Terms of Use