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E13-5 Calculating Component Percentages LO 13-3 Compute the component percentages for Rhodes income statement below. (Enter your answer as a percentage rounded to 2 decimal place (i.e. 0.1234 should be entered as 12.34). Enter all answers as positive values.) RHODES COMPANIES, INC. Consolidated Statements of Earnings (in millions, except per share and percentage data) Fiscal Years Ended on January 30, % Sales January 31, % Sales 2015 2014 48,249 100.00 % 48,290 100.00 % 31,736 31,571 16,513 16.719 Sales February 1, 2013 $ 46,928 30,745 16,183 100,00 % Net sales Cost of sales Gross margin Expenses: Selling general, and administrative Depreciation Interest-not Total expenses 9,7401 1.165 11.087 1.540 285 12,912 10,532 1,368 212 12,112 4.007 170 11.075 Pre-tax earnings 3001 5,100 Consolidated Statements of Earnings (in millions, except per share and percentage data) Fiscal Years Ended on January 30, % Sales January 31, % Sales 2015 $ 48,249 100.00 % $ 48,290 100.00 % 31,736 31,5711 16,513 16,719 % Sales 2014 Net sales February 1, 2013 $ 46,928 30,7457 16,183 100.00 % 10,532 9,740 1,368 Cost of sales Gross margin Expenses: Selling, general, and administrative Depreciation Interest-net Total expenses Pre-tax earnings Income tax provision Net earnings 212 11.087 1,540 285 12.912 3,601 1,311 2,290 12,112 4,607 1.708 1,165 170 11,075 5.108 1.9021 3.206 $ $ 2,899 % $

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