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
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
Section: Chapter Questions
Problem 1PS
Related questions
Question
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% | ||||
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 |
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 3 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education