Consider the following four-year selected financial data for Latte, Inc. (Click the icon to view the...
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Consider the following four-year selected financial data for Latte, Inc. (Click the icon to view the selected financial data.) Read the requirements. Requirement 1. Compute and evaluate Latte's profit margin ratio for 2025-2023. (Round the profit margin ratio to the nearest tenth percent, X.X%. Enter a loss and/or a negative profit margin ratio with a minus sign or parentheses.) Profit margin ratio % % % 2025 2024 2023 Requirements + Using the financial data presented above, compute the following ratios and evaluate Latte's results for 2025-2023: 1. Profit margin ratio 3. Inventory turnover 5. Rate of return on common stockholders' equity 2. Earnings per share 4. Times-interest-earned ratio 6. Gross profit percentage (For your calculation lines, enter a single value into each input cell. Do not enter any math operators [+, -, x, +, etc.] Abbreviations used: # = number; Avg. = average; exp. = expense; NI = Net income (net loss); ols outstanding.) Print Done (...) X Financial Data Operating Results: Net Sales Revenue Cost of Goods Sold Interest Expense Income from Operations Income Tax Expense Latte, Inc. Four-Year Selected Financial Data Years Ended January 31, 2025-2022 2025 2024 13,843 $ 13,674 $ 9,708 8,590 100 71 1,450 266 339 874 72 Net Income (Net Loss) Cash Dividends on Common Stock Financial Position: Merchandise Inventory Total Assets Current Ratio Stockholders' Equity Average Number of Shares of Common Stock Outstanding $ 92 (17) 71 1,670 7,593 1.41:1 3,022 862 1,898 7,016 0.93:1 2,924 886 2023 11,637 $ 6,774 40 1,814 332 1,123 69 1,470 5,184 1.30:1 2,622 894 2022 I 9,057 5,315 43 1,340 242 829 71 1,050 3,961 1.16:1 1,580 574 Consider the following four-year selected financial data for Latte, Inc. (Click the icon to view the selected financial data.) Read the requirements. Requirement 1. Compute and evaluate Latte's profit margin ratio for 2025-2023. (Round the profit margin ratio to the nearest tenth percent, X.X%. Enter a loss and/or a negative profit margin ratio with a minus sign or parentheses.) Profit margin ratio % % % 2025 2024 2023 Requirements + Using the financial data presented above, compute the following ratios and evaluate Latte's results for 2025-2023: 1. Profit margin ratio 3. Inventory turnover 5. Rate of return on common stockholders' equity 2. Earnings per share 4. Times-interest-earned ratio 6. Gross profit percentage (For your calculation lines, enter a single value into each input cell. Do not enter any math operators [+, -, x, +, etc.] Abbreviations used: # = number; Avg. = average; exp. = expense; NI = Net income (net loss); ols outstanding.) Print Done (...) X Financial Data Operating Results: Net Sales Revenue Cost of Goods Sold Interest Expense Income from Operations Income Tax Expense Latte, Inc. Four-Year Selected Financial Data Years Ended January 31, 2025-2022 2025 2024 13,843 $ 13,674 $ 9,708 8,590 100 71 1,450 266 339 874 72 Net Income (Net Loss) Cash Dividends on Common Stock Financial Position: Merchandise Inventory Total Assets Current Ratio Stockholders' Equity Average Number of Shares of Common Stock Outstanding $ 92 (17) 71 1,670 7,593 1.41:1 3,022 862 1,898 7,016 0.93:1 2,924 886 2023 11,637 $ 6,774 40 1,814 332 1,123 69 1,470 5,184 1.30:1 2,622 894 2022 I 9,057 5,315 43 1,340 242 829 71 1,050 3,961 1.16:1 1,580 574
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Financial and Managerial Accounting the basis for business decisions
ISBN: 978-1259692406
18th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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