Maggies Skunk Removal Corp.s 2021 income statement listed net sales = $12.5 million, gross profit of $6.9
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Maggie’s Skunk Removal Corp.’s 2021 income statement listed net sales = $12.5 million, gross profit of $6.9 million, EBIT = $5.6 million, net income available to common stockholders = $3.2 million, and common stock dividends = $1.2 million. The 2021 year-end balance sheet listed total assets of $52.5 million and common stockholders’ equity of $21 million with 2 million shares outstanding. Calculate the gross profit margin, operating profit margin, profit margin, basic earnings power, ROA, ROE, and dividend payout.
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Finance Applications And Theory
ISBN: 9781260013986
5th Edition
Authors: Marcia Cornett, Troy Adair, John Nofsinger
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