Transcribed Image Text
Maggie’s Skunk Removal Corp.’s 2018 income statement listed netsales of $12.5 million, gross profit of $6.9 million, EBIT of $5.6million, net income available to common stockholders of $3.2million, and common stock dividends of $1.2 million. The 2018year-end balance sheet listed total assets of $52.5 million andcommon stockholders’ equity of $21 million with 2 million sharesoutstanding.Calculate the grossprofit margin. (Round your answer to 2 decimalplaces.)Calculate theoperating profit margin. (Round your answer to 2 decimalplaces.)Calculate the profitmargin. (Round your answer to 2 decimalplaces.)Calculate the basicearnings power. (Round your answer to 2 decimalplaces.)Calculate the returnon assets. (Round your answer to 2 decimalplaces.)Calculate the returnon equity. (Round your answer to 2 decimalplaces.)Calculate the dividendpayout. (Round your answer to 2 decimalplaces.)
Other questions asked by students
Suppose you manage a stadium that serves alcohol to patrons at sports event. Explain the key...
The Ebbinghaus's Law of Forgetting states that if a task is learned at a performance...
Denton Company manufactures and sells a single product. Cost data for the product are given:...
- TASK 1.2 How much would 121 received in two years be worth now? (use...
overview of the accounting for tax on dispositions of business assets in three steps: ...