Given the following financial data, calculate the following (show all calculations): 1. Gross profit/margin 2. Operating...
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Given the following financial data, calculate the following (show all calculations): 1. Gross profit/margin 2. Operating income 3. Earnings before taxes 4. Income taxes 5. Net income Tax rate Cost of Goods Sold Cash 20% $345,750 $112,340 Depreciation expense $46,900 Accounts receivable $85,550 $37,000 $215,760 $780,890 $175,000 Interest expense Retained earnings Sales Selling, Gen, Admin expenses Dividend per share Accounts payable Retained earnings $1.25 $64,540 $457,800 Given the following financial data, calculate the following (show all calculations): 1. Gross profit/margin 2. Operating income 3. Earnings before taxes 4. Income taxes 5. Net income Tax rate Cost of Goods Sold Cash 20% $345,750 $112,340 Depreciation expense $46,900 Accounts receivable $85,550 $37,000 $215,760 $780,890 $175,000 Interest expense Retained earnings Sales Selling, Gen, Admin expenses Dividend per share Accounts payable Retained earnings $1.25 $64,540 $457,800
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Financial Statement Calculations 1 Gross ProfitMargin Gross Profit Sale... View the full answer
Related Book For
Introduction to Corporate Finance What Companies Do
ISBN: 978-1111222284
3rd edition
Authors: John Graham, Scott Smart
Posted Date:
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