Business, 09.12.2021 23:30 isalita

Problem 9-3 Calculating Return on Sales The Gawle Company is a family-owned and operated appliance rental and repair business. The income statement for the month ended August 31 includes the following: Rental Revenue $3,256
Rent Expense $2,100
Repair Revenue 2,140
Utilities Expense 483
Advertising Expense 575
Net Income 1,108
Maintenance Expense 1,130 1.

Required:
Calculate the return on sales for the month for The Gawle Company.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 22:10, maddy6882

You have just received notification that you have won the $2.0 million first prize in the centennial lottery. however, the prize will be awarded on your 100th birthday (assuming you're around to collect), 66 years from now. what is the present value of your windfall if the appropriate discount rate is 8 percent?

Answers: 1

continue

Business, 22.06.2019 17:00, justyne2004

Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?

Answers: 1

continue

Business, 22.06.2019 23:20, s945924

Warby parker, a manufacturer of fashionable prescription eyewear, notes on its website, "warby parker was founded with a rebellious spirit and a loft objective: to offer designer eyewear at a revolutionary price, while leading the way for socially-conscious business." this excerpt from the company's website states warby parker's

Answers: 1

continue

Business, 23.06.2019 01:30, paigehixson342

True or false: it is generally better to concentrate your exercise time on the weekends only for maximum aerobic benefit.

Answers: 1

continue

You know the right answer?

Problem 9-3 Calculating Return on Sales The Gawle Company is a family-owned and operated appliance r...