Business, 05.05.2020 07:08 yee1264

Mercedes, Co. has the following quarterly financial information. 4th Quarter 3rd Quarter 2nd Quarter 1st Quarter Sales Revenue $ 927,800 $ 937,300 $ 935,600 $ 943,400 Cost of Goods Sold 305,800 318,400 318,000 323,200 Operating Expenses 249,000 260,400 258,600 262,700 Interest Expense 4,250 4,250 4,250 4,150 Income Tax Expense 85,600 88,500 88,500 91,000 Average Number of Common Shares Outstanding 799,530 794,564 796,170 809,500 Stock price when Q4 EPS released $ 24 Required: Calculate the gross profit percentage for each quarter. Calculate the net profit margin for each quarter. Calculate the EPS for each quarter. Calculate the Price/Earnings ratio at the end of the year.

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Mercedes, Co. has the following quarterly financial information. 4th Quarter 3rd Quarter 2nd Quarter...