Business, 13.03.2020 18:08 yollo74

Maggie’s Skunk Removal Corp.’s 2018 income statement listed net sales of $14.0 million, gross profit of $9.20 million, EBIT of $7.1 million, net income available to common stockholders of $4.7 million, and common stock dividends of $2.7 million. The 2018 year-end balance sheet listed total assets of $54.0 million and common stockholders' equity of $22.5 million with 2.0 million shares outstanding.

a. Calculate the gross profit margin. (Round your answer to 2 decimal places.)
b. Calculate the operating profit margin. (Round your answer to 2 decimal places.)
c. Calculate the profit margin. (Round your answer to 2 decimal places.)
d. Calculate the basic earnings power. (Round your answer to 2 decimal places.)
e. Calculate the return on assets. (Round your answer to 2 decimal places.)
f. Calculate the return on equity. (Round your answer to 2 decimal places.)
g. Calculate the dividend payout. (Round your answer to 2 decimal places.)

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 10:50

Melissa is a very generous single woman. before this year, she had given over $11,400,000 in taxable gifts over the years and has completely exhausted her applicable credit amount. in the current year, melissa gave her daughter riley $100,000 and promptly filed her gift tax return. melissa did not make any other gifts this year. how much gift tax must riley pay the irs because of this transaction?

Answers: 2

Answer

Business, 23.06.2019 05:50

Ineed the answer today! explain how inflation can be built into the system

Answers: 1

Answer

Business, 23.06.2019 11:30

What features makes up a good budget

Answers: 2

Answer

Business, 23.06.2019 14:00

Max has set some financial goals and created a budget. what else does max need to have a complete financial plan? a. loan information, insurance plan, and a saving and investing plan b. net worth statement, risk management plan, and investment principals c. net worth statement, insurance plan, and a saving and investing plan d. net worth statement, spreadsheet, and risk management plan

Answers: 1

Answer

You know the right answer?

Maggie’s Skunk Removal Corp.’s 2018 income statement listed net sales of $14.0 million, gross profit...

Questions