Description of this paper

Profit Margin

Description

solution


Question

Year Ending December 2012;Year Ending December 2011;Year Ending December 2010;Revenues;40,000;35,000;33,000;Operating Expenses;Salaries;15,000;10,000;9,000;Maintenance and Repairs;6,000;9,000;10,000;Rental Expense;2,500;2,500;2,500;Depreciation;2,000;2,000;2,000;Fuel;4,000;3,500;2,500;Total Operating Expenses;29,500;27,000;26,000;Operating Income;10,500;8,000;7,000;Sales and Administrative Expenses;6,000;4,000;3,000;Interest Expense;2,500;2,000;1,000;Net Income;2,000;2,000;3,000;Above is a comparative income statement for Cecil, Inc. for the years 2010, 2011, and 2012. Calculate the net-profit margin for each of these years. Comment on the profit margin trend.

 

Paper#81720 | Written in 18-Jul-2015

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