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Q: JCPenney had net sales of 24750 million cost of goods sold of 16150 million and net income of 837 million is Its gross margin ratio equals 3.4?
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How do you figure gross magin ratio if net sales is 28496 million its cost of good sold was 19.092 million and net income is 997 million?

Gross margin ratio = (sales - cost fo sales) / sales Gross margin ratio =( 28496 million - 19092 million ) / 28496 million


Does contribution margin equals revenue minus all variable costs?

Yes, Revenues minus variable costs gives you your contribution margin. Contribution margin minus fixed costs gives you net income.


On the income statement net sales minus cost of goods sold equals?

=Profit Margin, but the question to you what if COGS=Sales what this means? or in other words what does it mean having Profit Margin=0?


If your revenue is 10 million your variable cost is 6 million your fixed cost is 3 million what is your contribution margin?

Contribution margin = Sales revenue - variable cost Contribution margin = 10 million - 6 million Contribution margin = 4 million


What is the difference between net and gross margin?

Gross margin is Gross income as a percentage of revenue. Net Margin is net income as a percentage of revenue.


Name for an expanded contribution margin income statement?

A contribution margin income statement is an income statement in which all variable expenses are deducted from sales to arrive at a contribution margin. It is the expanded version.


operating margin?

operating margin shows the operating income earned by a company. higher margin implies higher revenue earned. operating margin is calculated using the following formula:operating margin = (Operating income / Revenue) x 100


How can one improve own contribution margin in the UK?

The factors that impact on the contribution margin are expenses and income or revenue. One can improve their own contribution margin by decreasing expenses or increasing their income.


What formula would you use to calculate the net profit margin?

You take the Earning before interest and taxes (EBIT)/sales=Operating profit margin


What is a Pro-forma contribution margin income statement?

Proforma contribution margin income statement Sales revenue xxxxLess: Variable cost xxxxContribution margin xxxxLess: Fixed Cost xxxxprofit (Loss) xxxx


profit margin?

it is also known as net profit margin. this ratio shows how much net income a company earns from operations. a higher ratio implies higher profit earned. profit margin is calculated as follows:profit margin = (Net income / Revenue) * 100


What is the break even point if a company reported 762000 in sales 25400 units and a net operating income of 29000 and the company total contribution margin equals 529800?

177800