94 91 Los Angeles 48864 96 x 17000 16491 5100 17000 x 99 96 Portland 59363 89 x

94 91 los angeles 48864 96 x 17000 16491 5100 17000 x

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[2,000 x ($11.94 - $9.1)] Los Angeles 4,886.4 [$9.6 x (17,000 – 16,491)] 5,100 [17,000 x ($9.9 - $9.6)] Portland 5,936.3 [$8.9 x (9,000 – 8,333)] 3,600 [9,000 x ($9.3 - $8.9)] St. Louis 20,727.6 [$9.97 x (8,000 – 5,921)] -7,200 [8,000 x ($9.07 - $9.97)] 7. Use the 2012 income statement and balance sheet to complete a strategic profit model for J.Q. Step 1 Sales: $4,003,450 – COGS: $937,000 = Gross Margin $3,066,450 Step 2 Gross Margin: $3,066,450 – Total Expenses: [$2,486,167 (Total operating costs + interest + taxes)] = Net Profit $580,283 Step 3 Net Profits: $580,283 / Sales: $4,003,450 = Net Profit Margin = 14.495 % Step 4 Sales: $4,003,450 / Total Assets from Balance Sheet: $3,454,975 = Asset Turnover 1.159 Step 5 Net Profit Margin: 14.495% x Asset Turnover: 1.159 = Return on Assets: 16.79% 8.Holding all other information constant, what would be the effect on ROA for 2013 if warehousing costs declined 10 percent from 2012 levels?
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