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Earn +20 ptsQ: What is profit divided by sales?
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Formula for net profit ratio?
Net Profit Margin = Net Profit/ Sales Revenue X 100
What is Target return-on-sales pricing?
A firm may set an annual target of a specific dollar volume of profit, which is called target profit pricing.
What is the formula for calculating the sales per day?
Sales Per Day Ratio = (Total sales you have made) divided by (The # of days your shop has been open)
What is selling price minus cost price all divided by selling price?
gross profit
Needham pharmaceuticals has a profit margin of 3 percent and an equity multiplier of 2.0 its sales are 100 million and it has total assets of 50 million what is its roe?
ROE= profit margin × total assets turnover × equity multiplier ROE= ( Net income / sales ) × ( sales / total assets ) × ( total assets / common equity ) ROE= 3% × ( 100/50)×2 ROE = 3% × 4 = 12 %
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