Calculate the gross profit margin. (Round your answer to 2 decimal places.)       Calculate the operating profit margin. (Round your answer to 2 decimal places.)       Calculate the profit margin. (Round your answer to 2 decimal places.)

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
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Maggie’s Skunk Removal Corp.’s 2021 income statement listed net sales of $13.7 million, gross profit of $8.20 million, EBIT of $6.8 million, net income available to common stockholders of $4.4 million, and common stock dividends of $2.4 million. The 2021 year-end balance sheet listed total assets of $53.7 million and common stockholders' equity of $22.2 million with 2.0 million shares outstanding.


Calculate the gross profit margin. (Round your answer to 2 decimal places.)

 

 

 

Calculate the operating profit margin. (Round your answer to 2 decimal places.)

 

 

 

Calculate the profit margin. (Round your answer to 2 decimal places.)

 

 
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