According to BETA's Financial statements, Answer the following questions:

Requirements:

According to these statements in the Table, BETA's gross profit margin is?

According to these statements in the Table, BETA's net profit margin is?

According to these statements in the Table, BETA's return on assets Is?

According to these statements in the Table, BETA's average collection period (using a 360-day year) is?

According to these statements in the Table, BETA's return on equity is?

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BETA MANUFACTURING COMPANY, Balance Sheet Cash and Marketable Securities Accounts Receivable Inventories (lower of cost or market) Prepaid Expenses Accumulated Tax Prepayments Current Assets Fixed Assets at Cost less: Accumulated Depreciation Net Fixed Assets Investments, Long-Term Goodwill Total Assets Bank Loans and Notes Payable Accounts Payable Accrued Taxes Other Accrued Liabilities Current Liabilities Long-Term Debt Common Stock, $1 par value Paid-in Capital Retained Earnings Total Net Worth Total Liabilities and Net Worth BETA MANUFACTURING COMPANY, Income statement Net Sales less: Cost of Goods Sold Gross Profit Selling, General and Administrative Expense Depreciation Interest Expense Earnings Before Taxes Income Taxes Earnings After Tax Cash Dividends Increase in Retained Earnings. $80,000 1,500,000 257,800 20,000 15,000 1,872,800 1,245,000 670,000 574,500 233,700 1,000,000 $3,681,000 $90,000 25,000 45,000 190,000 350,000 900,000 250, 500 180,000 2,000, 500 2,431,000 $3,681,000 $2,800,800 1,800,000 1,000,800 550,000 111, 600 250,000 89, 200 30,300 58,900 15,000 $43,900 BETA MANUFACTURING COMPANY, Balance Sheet Cash and Marketable Securities Accounts Receivable Inventories (lower of cost or market) Prepaid Expenses Accumulated Tax Prepayments Current Assets Fixed Assets at Cost less: Accumulated Depreciation Net Fixed Assets Investments, Long-Term Goodwill Total Assets Bank Loans and Notes Payable Accounts Payable Accrued Taxes Other Accrued Liabilities Current Liabilities Long-Term Debt Common Stock, $1 par value Paid-in Capital Retained Earnings Total Net Worth Total Liabilities and Net Worth BETA MANUFACTURING COMPANY, Income statement Net Sales less: Cost of Goods Sold Gross Profit Selling, General and Administrative Expense Depreciation Interest Expense Earnings Before Taxes Income Taxes Earnings After Tax Cash Dividends Increase in Retained Earnings. $80,000 1,500,000 257,800 20,000 15,000 1,872,800 1,245,000 670,000 574,500 233,700 1,000,000 $3,681,000 $90,000 25,000 45,000 190,000 350,000 900,000 250, 500 180,000 2,000, 500 2,431,000 $3,681,000 $2,800,800 1,800,000 1,000,800 550,000 111, 600 250,000 89, 200 30,300 58,900 15,000 $43,900

Answer rating: 100% (QA)

A Gross profit margin gross profit sales 1000800 2800800 357 B net ... View the full answer