Compute the component percentages for Trixy Magic's Income statement below. (Enter your answers as a percentage rounded decimal place (.e. 0.1234 should be entered as 12.34). Enter all answers as positive values.) Net sales Cost of sales Gross margin Expenses Selling, general, and administrative Depreciation Interest-net Total expenses Pre-tax earnings income tax provision Net earnings TRIXY MAGIC, INC. Consolidated Statements of Earnings (in millions) Fiscal 2018 $ $ 48,236 31,732 16,504 11,093 1,547 294 12,934 3,570 1,328 2,242 % Sales 100.00 % Fiscal Years Ended on Fiscal 2017 S % $ 48,284 31,558 16,726 10,534 1,373 201 12,108 4,618 1,719 2,899 % Sales 100.00 % * Fiscal 2016 % Sales S 46,930 30.741 16,108 s 9,746 1,171 156 11.073 5,125 1.910 3.215 100.00 % # th

Compute the component percentages for Trixy Magic's Income statement below. (Enter your answers as a percentage rounded decimal place (.e. 0.1234 should be entered as 12.34). Enter all answers as positive values.) Net sales Cost of sales Gross margin Expenses Selling, general, and administrative Depreciation Interest-net Total expenses Pre-tax earnings income tax provision Net earnings TRIXY MAGIC, INC. Consolidated Statements of Earnings (in millions) Fiscal 2018 $ $ 48,236 31,732 16,504 11,093 1,547 294 12,934 3,570 1,328 2,242 % Sales 100.00 % Fiscal Years Ended on Fiscal 2017 S % $ 48,284 31,558 16,726 10,534 1,373 201 12,108 4,618 1,719 2,899 % Sales 100.00 % * Fiscal 2016 % Sales S 46,930 30.741 16,108 s 9,746 1,171 156 11.073 5,125 1.910 3.215 100.00 % # th

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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