Last year Pontiff Enterprises reported net sales of $13,144,680, a gross profit $4,127,429, EBIT of $2,586,150, and

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Last year Pontiff Enterprises reported net sales of $13,144,680, a gross profit $4,127,429, EBIT of $2,586,150, and net income of $867,555. Compute Pontiff's cost of goods sold, gross profit margin, operating profit margin, and net profit margin?

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Fundamentals of Corporate Finance

ISBN: 978-1118845899

3rd edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Oct 19, 2016 10:13 AM

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Last year Pontiff Enterprises reported net sales of $13,144,680, a gross profit $4,127,429, EBIT of $2,586,150, and

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Cost of goods sold Net sales Gross Profit 13144 680 4127429 90...View the full answer

Fundamentals of Corporate Finance

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