Business, 10.03.2020 03:48 fjsdfj1284

Maggie’s Skunk Removal Corp.’s 2018 income statement listed net sales of $14.5 million, gross profit of $9.90 million, EBIT of $7.6 million, net income available to common stockholders of $5.2 million, and common stock dividends of $3.2 million. The 2018 year-end balance sheet listed total assets of $54.5 million and common stockholders' equity of $23.0 million with 2.0 million shares outstanding. Calculate the following:

(a) Profit margin
(b) Gross profit margin
(c) Operating profit margin
(d) Basic earnings power
(e) Return on assets

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Maggie’s Skunk Removal Corp.’s 2018 income statement listed net sales of $14.5 million, gross profit...

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