This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Gold-Jerry Gold Corporation is a mid-tier gold producer listed on the New York Stock Exchange. It is ... (Read 160 times)

biggirl4568

  • Hero Member
  • *****
  • Posts: 551
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by biggirl4568 on Apr 25, 2021

Jmfn03

  • Sr. Member
  • ****
  • Posts: 323
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.
Answer Preview
Only 64% of students answer this correctly


biggirl4568

  • Member
  • Posts: 551
Reply 2 on: Apr 25, 2021
Gracias!

nguyenhoanhat

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

In 1900, Ashcan artist George Luks portrayed corporate monopolies and franchises as a monster preyin In 1900, Ashcan artist George Luks portrayed corporate monopolies and franchises as a monster preyin
Jerry Uelsmann, Untitled (first version). Jerry Uelsmann, Untitled (first version).
Jerry Uelsmann, Untitled (second version). Jerry Uelsmann, Untitled (second version).
Same pair of homologs, but with an exchange occurring between two nonsister chromatids Same pair of homologs, but with an exchange occurring between two nonsister chromatids
The consequences of a single exchange between two nonsister chromatids The consequences of a single exchange between two nonsister chromatids
Video: Transcription - Introns and exons

For a complete list of videos, visit our video library