I need it ASAP SM.61 A small but growing online retailer, Nile Corporation, has shown impressive growth in sales over th
Posted: Fri Jul 01, 2022 9:05 am
I need it ASAP
SM.61 A small but growing online retailer, Nile Corporation, hasshown impressive growth in sales over the past several years, withsales this past year at $1,073,000.If the company has a net profit margin of 5.5 percent, whatwould its net profit be (in dollars)? (Display your answer asa whole number.)If in the next year the company achieves its revenue growth targetof 12 percent, what would its total revenue be? (Display youranswer as a whole number.)If in the next year the company achieves its revenue growth targetof 12 percent, and assuming its profit margin remainedunchanged at 5.5 percent, what would its total profit be for nextyear? (Display your answer asa whole number.)If the company achieves its revenue growth target of 12 percent, byhow many dollars will revenue increase? (Display your answeras a whole number.)
If the company achieves its revenue growth target of 12 percent,by how many dollars will net profit increase? (Displayyour answer as a whole number.)
Using the original revenue number of $1,073,000, if the companyspends 69 percent of its revenue on purchases, what would beits purchasing expense? (Display your answer asa whole number.)
Assuming that revenues stayed flat (meaning the company did not tryto increase sales by the 12 percent target), by what percentagewould they have to decrease purchasing expenses to equal theincreased profit that would have come from a 12 percent increase torevenues? (Write your answer as a percentage, and display youranswer to two decimal places.) %
SM.61 A small but growing online retailer, Nile Corporation, hasshown impressive growth in sales over the past several years, withsales this past year at $1,073,000.If the company has a net profit margin of 5.5 percent, whatwould its net profit be (in dollars)? (Display your answer asa whole number.)If in the next year the company achieves its revenue growth targetof 12 percent, what would its total revenue be? (Display youranswer as a whole number.)If in the next year the company achieves its revenue growth targetof 12 percent, and assuming its profit margin remainedunchanged at 5.5 percent, what would its total profit be for nextyear? (Display your answer asa whole number.)If the company achieves its revenue growth target of 12 percent, byhow many dollars will revenue increase? (Display your answeras a whole number.)
If the company achieves its revenue growth target of 12 percent,by how many dollars will net profit increase? (Displayyour answer as a whole number.)
Using the original revenue number of $1,073,000, if the companyspends 69 percent of its revenue on purchases, what would beits purchasing expense? (Display your answer asa whole number.)
Assuming that revenues stayed flat (meaning the company did not tryto increase sales by the 12 percent target), by what percentagewould they have to decrease purchasing expenses to equal theincreased profit that would have come from a 12 percent increase torevenues? (Write your answer as a percentage, and display youranswer to two decimal places.) %