Homework Help: accounting

Posted by natasha on Friday, August 14, 2009 at 9:59am.

The Anderson Company has sales of $4,500,000. It also has invested assets of $2,000,000 and operating expenses of $3,600,000. The company has established a minimum rate of return of 7%.
What is Anderson Company's profit margin?

18%
44.4%
20%
80%

accounting - SraJMcGin, Friday, August 14, 2009 at 12:12pm
Hopefully, something here will h elp y ou:

http://search.aol.com/aol/search?s_it=searchbox.webhome&q=accounting%2C+how+to+figure+profit+margin

Sra

Answer this Question

Related Questions

accounting - Dsoft manufactures PC’s. The company’s Notebook Division ...
Managerial Accounting - The company reported a 6% operating margin on sales, a ...
accounting - Cournot Company sells 100,000 wrenches for $12 a unit. Fixed costs ...
accounting - Carlton company had assetsof $280,000 & liabilities of $120,000...
math accounting - The following information was drawn from the accounting ...
accounting - O'Hara Inc. made sales of $310,000 during 2008, it's first ...
Accounting - Hello I am not angry with you at all, however is there any way ...
Accounting - Doughtry's Pet Shop reported a net loss of $1,500,000 and total...
Accounting - The following information was made available from the income ...
Finance - Tom company has sales of Rs.200,000/- with variable expenses of Rs.150...

For Further Reading

First Name:
School Subject:
Answer: