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TRIXY MAGIC, INCORPORATEDCompute the component percentages for Trixy Magic's income statement below. Note: Enter...

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Accounting

TRIXY MAGIC, INCORPORATEDCompute the component percentages for Trixy Magic's income statement below.

Note: Enter your answers as a percentage rounded to $2$ decimal place $($ i $.$ e $. 0.1234$ should be entered as $12.34) .$ Enter all answers as positive values.

$\$ table $[[$ TRIXY MAGIC, INCORPORATED $], [$ Consolidated Statements of Earnings $], [($ in millions $)], [,$ Fiscal $2021, %$ Sales,Fiscal $2020, %$ Sales,Fiscal $2019, %$ Sales $], [$ Net sales,$ $, 48, 244, 100.00, %,$ $ $, 48, 291, 100.00, %,$ $ $, 46, 944, 100.00, %$

Consolidated Statements of Earnings

$($ in millions $)$

Fiscal $2021 %$ Sales Fiscal $2020 %$ Sales Fiscal $2019 %$ Sales

Net sales $ $48, 244 100.00 %$ $ $48, 291 100.00 %$ $ $46, 944 100.00 %$

Cost of sales $31, 730 31, 569 30, 746$

Gross margin $16, 514 100.00 16, 722 100.00 16, 198 100.00$

Expenses:

Selling, general, and administrative $11, 084 10, 524 9, 744$

Depreciation $1, 541 1, 369 1, 176$

Interestnet $287 209 166$

Total expenses $12, 912 0.00 12, 102 0.00 11, 086 0.00$

Pre $-$ tax earnings $3, 602 100.00 4, 620 100.00 5, 112 100.00$

Income tax provision $1, 322 1, 705 1, 902$

Net earnings $ $2, 280 100.00 %$ $ $2, 915 100.00 %$ $ $3, 210 100.00 %$

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