Examlex

Solved

-Compute Megaframe's After Tax Profit Margin

question 122

Multiple Choice

    \begin{array}{l} \text { LIABILITIES AND SHAREHOLDERS' EQUITY }\\ \begin{array} { l r }  \text { Accounts payable } & \$ 60,000 \\ \text { Accrued expenses } & 40,000 \\ \text { Long-term debt } & 130,000 \\ \text { Common stock } & 80,000 \\ \text { Retained earnings } & \underline { 100,000 } \\ \text { Total Liabilities and Shareholders' Equity } & \underline { \$ 410,000 } \end{array} \end{array}    -Compute Megaframe's after tax profit margin. A)  10.0% B)  14.29% C)  11.43% D)  46.34%
 LIABILITIES AND SHAREHOLDERS’ EQUITY  Accounts payable $60,000 Accrued expenses 40,000 Long-term debt 130,000 Common stock 80,000 Retained earnings 100,000 Total Liabilities and Shareholders’ Equity $410,000\begin{array}{l}\text { LIABILITIES AND SHAREHOLDERS' EQUITY }\\\begin{array} { l r } \text { Accounts payable } & \$ 60,000 \\\text { Accrued expenses } & 40,000 \\\text { Long-term debt } & 130,000 \\\text { Common stock } & 80,000 \\\text { Retained earnings } & \underline { 100,000 } \\\text { Total Liabilities and Shareholders' Equity } & \underline { \$ 410,000 }\end{array}\end{array}
    \begin{array}{l} \text { LIABILITIES AND SHAREHOLDERS' EQUITY }\\ \begin{array} { l r }  \text { Accounts payable } & \$ 60,000 \\ \text { Accrued expenses } & 40,000 \\ \text { Long-term debt } & 130,000 \\ \text { Common stock } & 80,000 \\ \text { Retained earnings } & \underline { 100,000 } \\ \text { Total Liabilities and Shareholders' Equity } & \underline { \$ 410,000 } \end{array} \end{array}    -Compute Megaframe's after tax profit margin. A)  10.0% B)  14.29% C)  11.43% D)  46.34%
-Compute Megaframe's after tax profit margin.


Definitions:

Hierarchical Levels

The different layers of authority and responsibility within an organizational structure, often depicted as a pyramid.

Service-providing Industries

Sectors that involve offering intangible goods or services to consumers, such as healthcare, finance, and education.

Total Costs

The aggregate amount of all expenses associated with the production of a good or the operation of a business.

Larger Firms

Companies or businesses that employ a large number of workers and typically have a substantial volume of business operations and market influence.

Related Questions