Maggiersquos skunk removal corprsquos 2015 income statement


Maggie’s Skunk Removal Corp.’s 2015 income statement listed net sales of $13.7 million, gross profit of $8.20 million, EBIT of $6.8 million, net income available to common stockholders of $4.4 million, and common stock dividends of $2.4 million. The 2015 year-end balance sheet listed total assets of $53.7 million and common stockholders' equity of $22.2 million with 2.0 million shares outstanding.

Calculate the profit margin. (Round your answer to 2 decimal places.)

  Profit margin %

Calculate the profit margin. (Round your answer to 2 decimal places.)

  Gross profit margin %

Calculate the profit margin. (Round your answer to 2 decimal places.)

  Operating profit margin %

Calculate the basic earnings power. (Round your answer to 2 decimal places.)

  Basic earnings power %

Calculate the return on assets. (Round your answer to 2 decimal places.)

  Return on assets %

Calculate the return on equity. (Round your answer to 2 decimal places.)

  Return on equity %

Calculate the dividend payout. (Round your answer to 2 decimal places.)

  Dividend payout %

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Maggiersquos skunk removal corprsquos 2015 income statement
Reference No:- TGS02240888

Expected delivery within 24 Hours