#1 Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals...

50.1K

Verified Solution

Question

Finance

image
image
#1 Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500 Additional paid in capital 200,000 216,660 Cash ??? ??? Common Stock @ par value 37,600 42,000 COGS 131,400 178,618.00 Depreciation expense 21,600 22,659.00 Interest expense 16,200 16,996.00 Inventories 111,600 115,200 Long-term debt 135,000 137,400.00 Net fixed assets 376,322.00 399,600 Notes payable 59,400 64,800 50,400 69,367.00 Operating expenses (excl. depr) Interest expense 16,200 16,996.00 Inventories 111,600 115,200 Long-term debt 135,000 137,400.00 Net fixed assets 376,322.00 399,600 Notes payable 59,400 64,800 50,400 69,367.00 Operating expenses (excl. depr.) Retained earnings 122,400 136,800 Sales 255,600 336,600.00 Taxes 9,900 19,285.00 What is the firm's current year net profit margin? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students