2017 2016 Current liabilities $250 000 $170 000 Non-current liabilities 130 000 340 000 Shareholders' equity 440 000 560 000 Net cash flows from operating activities 70 000 61 000 Interest and principal payments 14 000 9 000 Net sales 475 000 450 000 Total comprehensive income 105 000 65 000 Interest expense 7 500 13 500 Income tax 18 000 12 500 Dividends paid to ordinary shareholders 16 000 28 000 he net profit margin percentage for 2016 is:
2017 2016 Current liabilities $250 000 $170 000 Non-current liabilities 130 000 340 000 Shareholders' equity 440 000 560 000 Net cash flows from operating activities 70 000 61 000 Interest and principal payments 14 000 9 000 Net sales 475 000 450 000 Total comprehensive income 105 000 65 000 Interest expense 7 500 13 500 Income tax 18 000 12 500 Dividends paid to ordinary shareholders 16 000 28 000 he net profit margin percentage for 2016 is:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
100%
A. 14.44%
B. 22.11%
C. 18.95%
D. 16.00%
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