Question: Using the selected financial data from Merk's 2 0 1 9 annual SEC filing please calcualte the following in the highlighted cells for the corresponding

Using the selected financial data from Merk's 2019 annual SEC filing please calcualte the following
in the highlighted cells for the corresponding years:Selected Financial Data
Sales $39,498 $39,807 $40,122 $42,294 $46,840
Cost of sales 15,04314,03012,91213,50914,112 Gross Profit
MarginSelling, general and administrative 10,50810,01710,07410,10210,6152019201820172016
Research and development 6,79610,26110,3399,7529,872
Income before taxes 5,4014,6596,5218,70111,464
Net Profit MarginTaxes on income 9427184,1032,5081,6872019201820172016
Net income 4,4593,9412,4186,1939,777
Working capital 10,55013,4106,1523,6695,263 ROIC
Total assets 101,67795,37787,87282,63784,3972019201820172016
Long-term debt 23,82924,27421,35319,80622,736
Total equity 44,76740,30834,56926,88226,001 Earnings Per
ShareAverage common shares outstanding 2,8162,7662,7302,6642,5652019201820172016
Long term debt
to capital 2019201820172016
*figures presented in millions 2019
2018 Debt to Equity
20172019201820172016
2016

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!