Question 1 Problem 1 E Homework Hw11 Part 5 Of 5 Save Dulaney S Stores Has Posted The Following Yearly Earnings And Ex 1 (36.77 KiB) Viewed 38 times
Question 1 Problem 1 E Homework Hw11 Part 5 Of 5 Save Dulaney S Stores Has Posted The Following Yearly Earnings And Ex 2 (49.97 KiB) Viewed 38 times
Question 1, Problem 1 E Homework: HW11 Part 5 of 5 Save Dulaney's Stores has posted the following yearly earnings and expenses. Click the icon to view the yearly data. a. Dulaney's current profit margin is 8.2 %. (Enter your response rounded to one decimal place.) Dulaney's current yearly ROA is 91.7 %. (Enter your response rounded to one decimal place.) b. Suppose COGS and merchandise inventory were each cut by 20% The new pretax profit margin is 26.7 %. (Enter your response rounded to one decimal place.) The new ROA is 328.3%. (Enter your response rounded to one decimal place.) c. Based on the current profit margin in part a., Dulaney would have to generate $ 1512195 in additional sales in order to have the same effect on pretax earnings as a 20% decrease in merchandise costs. (Enter your response rounded to the nearest dollar) HW Score: 0%, 0 of 15 points O Points: 0 of 2
pres has posted the following yearly earnings and expenses. icon to view the yearly data. current profi rrent yearly COGS and m tax profit ma DA is 328.3% the current p etax earnings More Info Earnings and Expenses (Year Ending January 2012) Sales $67,000,000 Cost of goods sold (COGS) $62,000,000 Pretax earnings $5,494,000 Selected Balance Sheet Items Merchandise Inventory $2,747,000 Total assets $6,000,000 Done - X er to have th ar.)
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