Question: USE THE DATA IN THE TABLE BELOW TO ANSWER QUESTIONS 34 -40 Lexmark Productions, LLC. (Assume all account figures are in dollars) 34. The gross
USE THE DATA IN THE TABLE BELOW TO ANSWER QUESTIONS 34 -40 Lexmark Productions, LLC. (Assume all account figures are in dollars) 34. The gross profit margin for 2019 is ________%. 35. Operating income (i.e., EBIT) for 2020 is $________. 36. The debt ratio (i.e., total liabilities divided by total assets) for 2020 is ________%. 37. ROE for 2020 is ________%. 38. Cash flow from operating activities in 2020 is $ ________. 39. Cash flow from investing activities in 2020 is $ ________. 40. Cash flow from financing activities in 2020 is $ ________. 2019 2020 Accounts payable 490 380 Accounts receivable, net 1,810 2,040 Accruals 95 120 Cash 120 80 Common stock 2,120 2,380 Cost of goods sold 6,950 7,670 Depreciation expense 1,560 1,630 Interest expense 140 170 Inventory (end of year) 5,720 5,530 Long-term debt 3,890 4,140 Net fixed assets 7,580 8,050 Net sales 11,140 12,420 Notes payable 800 740 Operating expenses (excluding depreciation) 1,680 1,780 Retained earnings 7,835 7,940 Taxes 260 3
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