In 2018, Target Corp. reported sales of $71.9 billion, cost of goods sold of $51.1 billion, operating profit of $4.3 billion, and net income of $2.9 billion. Target has no preferred stock outstanding. It's operating profit margin that year was ________.
A) 20.7%
B) 8.4%
C) 4.0%
D) 6.0%
D) 6.0%
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A major disadvantageof the indirect method of reporting cash flows from operating activities is that thedifference between the net amount of cash flows from operating activities and net income is emphasized
a. True b. False Indicate whether the statement is true or false
Compared to the Universal Product Code (UPC), the additional bar in the _____ identifies a product's country of origin.
A. EZ code B. GTIN-14 bar code C. RFID code D. EAN bar code
Office Systems Corporation manufactures and sells various high-tech office automation products. Two divisions of Office Systems Corporation are the Computer Chip Division and the Computer Division. The Computer Chip Division manufactures one product, a "super chip," that can be used by both the Computer Division and other external customers. The following information is available on this month's
operations in the Computer Chip Division: Selling price per chip $50 Variable costs per chip $20 Fixed production costs $60,000 Fixed SG&A costs $90,000 Monthly capacity 10,000 chips External sales 6,000 chips Internal sales 0 chips Presently, the Computer Division purchases no chips from the Computer Chips Division, but instead pays $45 to an external supplier for the 4,000 chips it needs each month. Refer to Office Systems Corporation. Assume that next month's costs and levels of operations in the Computer and Computer Chip Divisions are similar to this month. What is the minimum of the transfer price range for a possible transfer of the super chip from one division to the other? a. $50 b. $45 c. $20 d. $35
The measure of the quantity of purchase dollars each customer spends on the company's products is referred to as share of
A. customer. B. wallet. C. product. D. equity. E. market.