PLEASE ANSWER EVERY QUESTION, ALL 6!!!

1) What is the markup on cost of goods sold?

2) Compare this company's markup to a COGS industry standard of 70%. What is the result?

3) Explain how the difference in this company's markup and industry markuo rates affect profitability, or levels of the GPM?

4) What is the nature of this company's capital structure? Include percentages in your commentary

5) Compare this capitalization structure percent to an industry standard of 50%. What is the result?

6) To what extent is this company "leveraged"?

After completing the Income Statement, you should be able to measure a company's COGS and Gross Profit Margin (GPM). That is all the information I was given.

Cost of Goods Sold Selling & General Admin Expenses Taxes @ 40% Income Statement Financial Data 80,000 Enter this data in the appropriate area of the Financial statement below 30,000 Enter this data in the appropriate area of the Financial statement below to be calculated by student Use the data above to complete this Income Statement. Order of Accounts will follow Accounting principles Financial classifications Sales 120,000 Sales are given enter account and respective amount from above Gross Profit Margin X to be calculated by student enter account and respective amount from above Earnings Before Taxes to be calculated by student Taxes a 40% to be calculated by student Net Income to be calculated by student