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Author Question: Gold-Jerry Gold Corporation is a mid-tier gold producer listed on the New York Stock Exchange. It is ... (Read 148 times)

biggirl4568

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on: Apr 25, 2021
Gold-Jerry Gold Corporation is a mid-tier gold producer listed on the New York Stock Exchange. It is currently the end of Year 1, and the fiscal situation in the U.S and Europe is dire. Kenny Bania, an analyst at Gold-Jerry, forecasts that gold prices will rise during Year 2, since gold is regarded as a safe investment haven during periods of economic uncertainty. Bania is forecasting that Gold-Jerry's revenues will increase by 25% in Year 2. Use the data in the table to estimate Gold-Jerry's operating profit margin (EBIT/Sales) for Year 2. 

Gold-Jerry Gold Corp. ($000s)​​
​Year 1 (Actual)Year 2 (Forecast)
Sales$12,000$15,000
EBIT$500​
Operating Profit Margin4.17%​
Operating Leverage1.65​

◦ 4.17%
◦ 12.56%
◦ 4.71%
◦ 41.25%
◦ 5.21%
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by biggirl4568 on Apr 25, 2021

Jmfn03

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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biggirl4568

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

billybob123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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