1- DUSKY has annual sales of $40 million with the following costs: Cost of goods sold $12 million, Fixed costs $16 million, Depreciation expense $300,000, Interest expense $200,000, tax rate 30%, dividend payout rate 20%, 1 million shares of common stock. What is the gross profit margin? State as a whole number 2- DUSKY has annual sales of $40 million with the following costs: Cost of goods sold $12 million, Fixed costs $16 million, Depreciation expense $300,000, Interest expense $200,000, tax rate 30%, dividend payout rate 20%, 1 million shares of common stock. What is the operating profit? State as a number.
1- DUSKY has annual sales of $40 million with the following costs: Cost of goods sold $12 million, Fixed costs $16 million, Depreciation expense $300,000, Interest expense $200,000, tax rate 30%, dividend payout rate 20%, 1 million shares of common stock. What is the gross profit margin? State as a whole number 2- DUSKY has annual sales of $40 million with the following costs: Cost of goods sold $12 million, Fixed costs $16 million, Depreciation expense $300,000, Interest expense $200,000, tax rate 30%, dividend payout rate 20%, 1 million shares of common stock. What is the operating profit? State as a number.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:1- DUSKY has annual sales of $40 million with the following costs:
Cost of goods sold $12 million, Fixed costs $16 million, Depreciation
expense $300,000, Interest expense $200,000, tax rate 30%, dividend
payout rate 20%, 1 million shares of common stock. What is the gross
profit margin? State as a whole number
2- DUSKY has annual sales of $40 million with the following costs:
Cost of goods sold $12 million, Fixed costs $16 million, Depreciation
expense $300,000, Interest expense $200,000, tax rate 30%, dividend
payout rate 20%, 1 million shares of common stock. What is the
operating profit? State as a number.
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