ill in thr blanks on the table below and show the formulas used for each value Dayton, Inc.      Annual Income Statement (Values in Millions)           Common           Size       2019 2018 2019 2018     Sales  $  178,909  $   187,510 100.0% 100.0%     Cost of Sales   111,631   59.5%     Gross Operating Profit    $     75,879   40.5%     Selling, General & Admin. Expense   12,900   6.9%     Other Expenses   33,377

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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Fill in thr blanks on the table below and show the formulas used for each value

Dayton, Inc.     
Annual Income Statement (Values in Millions)    
      Common    
      Size    
  2019 2018 2019 2018    
Sales  $  178,909  $   187,510 100.0% 100.0%    
Cost of Sales   111,631   59.5%    
Gross Operating Profit    $     75,879   40.5%    
Selling, General & Admin. Expense   12,900   6.9%    
Other Expenses   33,377   17.8%    
EBITDA    $     29,602   15.8%    
Depreciation & Amortization   7,944   4.2%    
EBIT    $     21,658   11.6%    
Other Income, Net   3,323   1.8%    
Earnings Before Interest and Taxes    $     24,981   13.3%    
Interest Expense   293   0.2%    
Earnings Before Taxes    $     24,688   13.2%    
Income Taxes   5,184     0.21 tax rate
Net Income Available to Common    $     19,504   10.4%    
             
Dividends per share  $         1.15  $          0.91        
EPS            
             
             
ADDITIONAL INFORMATION          
Computation of 2019 Cost of Sales:            
Beginning Inventory  $       7,904          
Purchases 109,865          
Goods Available  $  117,769          
Cost of Sales 109,701          
Ending Inventory  $       8,068          

 

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