Product Line Sales Cost of Sales Gross Margin % Industry Averages New Course Books $1,086,800 $742,567 25.4 Used Course Books 468,200 318,222 32.6 Custom Books 212,222 159,293 25.6 Textbook Rentals 102,323 90,323 22.1 Course Technology 90,600 80,432 11.2 Trade Books 68,400 40,356 24.3 Reference Books 22,330 15,200 31.0 Total Book Sales $2,050,875 $1,446,393 26.5 Total Non-Book Sales $823,578 $612,233 29.7 Total Net Sales $2,874,453 $2,058,626 28.3 Above is a sales report by product line for State University. Perform analytical procedures on State University's Sales accounts by calculating the Gross Margin % by product line and comparing to the industry average. Any differences within 1% of our expectation (industry average) can be accepted without investigation. Mark all product lines that must be investigated further.
Answers: 1
Business, 22.06.2019 11:10, addsd
Sam and diane are completing their federal income taxes for the year and have identified the amounts listed here. how much can they rightfully deduct? • agi: $80,000 • medical and dental expenses: $9,000 • state income taxes: $3,500 • mortgage interest: $9,500 • charitable contributions: $1,000.
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Business, 22.06.2019 17:30, monicagalarza
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Answers: 1
Business, 22.06.2019 21:20, dorianhenderson987
Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u. s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.
Answers: 3
Business, 22.06.2019 22:40, jakails3073
The uptowner just paid an annual dividend of $4.12. the company has a policy of increasing the dividend by 2.5 percent annually. you would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another four years. if you require a rate of return of 16.7 percent, how much will you be willing to pay per share when you can afford to make this investment?
Answers: 2
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