Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. palm inc. has a profit margin of 19% and an invest

Palm Inc. has a profit margin of 19% and an investment turnover of 3. Sales...

80.2K

Verified Solution

Question

Accounting

Palm Inc. has a profit margin of 19% and an investment turnover of 3. Sales revenue is $802,000. What is the operating income?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Depreciation expense. ? Richardses' Tree? Farm, Inc. has just purchased a new aerial tree trimmer for...

Biology
1.2K views

Which of the following characteristics listed here are unique to the seed-producing plants?lignin present in...

Physics
1.2K views

6 A circuit is constructed with a 1000 resistor a 1 00 x 10 F...

Geometry
1.2K views

In a Venn diagram what does the overlap between the two circles represent O The...

Accounting
1.2K views

Adams Medical Equipment Company makes a blood pressure measuring kit. Jason McCoy is...

Accounting
1.2K views

Tasty Foods expects to have 24,000 units of finished goods inventory on hand on March...

Accounting
1.2K views

The answer in the book is 417 A single MS engineer started...

Accounting
1.2K views

What amount of retained earnings is capitalized for a share dividend?

Accounting
1.2K views

Prepare the adjusting entry for the accrual of interest at December 31, 2021. (Credit account...

Accounting
1.2K views

The debt-to-equity ratio compares the amount of creditors' claims to the assets of a firm...

Accounting
1.2K views

Information for Kent Corporation for the year 2024: Reconciliation of pretax accounting income and...

Accounting
1.2K views

Which of the following would not cause the bank balance to differ from the cash...