Mercedes, Co. has the following quarterly financial information.4th Quarter 3rd Quarter 2nd Quarter 1st Quarter Sales Revenue $925,800 $ 935,300 $ 933,600 $ 941,400 Cost of Goods Sold 305,700318,300 317,900 323,100 Operating Expenses 248,900 260,300 258,500262,600 Interest Expense 4,200 4,200 4,200 4,100 Income Tax Expense85,500 88,400 88,400 90,900 Average Number of Common SharesOutstanding 799,030 794,064 795,670 809,000 Stock price when Q4 EPSreleased $ 24 Required: Calculate the gross profit percentage foreach quarter. Calculate the net profit margin for each quarter.Calculate the EPS for each quarter. Calculate the Price/Earningsratio at the end of the year.

• Required A
• Required B
• Required C
• Required D

Calculate the gross profit percentage for eachquarter. (Do not round intermediate calculations. Roundyour final answers to 2 decimal places.)

	Q4 Q3 Q2 Q1 Gross ProfitPercentage % % % %

• Required A
• Required B
• Required C
• Required D

Calculate the net profit margin for eachquarter. (Do not round intermediate calculations. Roundyour final answers to 2 decimal places.)

	Q4 Q3 Q2 Q1 Net Profit Margin % % % %

• Required A
• Required B
• Required C
• Required D

Calculate the EPS for each quarter. (Do notround intermediate calculations. Round your final answers to 2decimal places.)

	Q4 Q3 Q2 Q1 EPS

• Required A
• Required B
• Required C
• Required D

Calculate the Price/Earnings ratio at the end of the year.(Do not round intermediate calculations. Round your finalanswer to 2 decimal places.)

	P/E Ratio