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Author Question: Columbus Co.'s sales revenue for the most recent quarter was $2.5 million and cost of goods sold was ... (Read 78 times)

majortom123

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Question 1

The most important factors influencing a stock's current price are its past earnings and dividends.
◦ true
◦ false

Question 2

Columbus Co.'s sales revenue for the most recent quarter was $2.5 million and cost of goods sold was $1.5 million.  If sales grow by 15% in the next quarter and all ratios remain the same, gross profit will be
◦ $2.25 million.
◦ $1.725 million.
◦ $1.15 million.
◦ $1.375 million.


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Marked as best answer by majortom123 on Mar 29, 2022

hiyayyay

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majortom123

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Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review


Laurenleakan

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Reply 3 on: Yesterday
Excellent

 

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