LGG 2-18 Ratio proficiency McDougal Printing, Inc., had sales totaling $40,000,000 in fiscal year 2003. Some ratios for the company are listed below. Use this informa- tion to determine the dollar values of various income statement and balance sheet accounts as requested. McDougal Printing, Inc. Year Ended December 31, 2003 Sales $40,000,000 Gross profit margin Operating profit margin Net profit margin 80% 35% 8% Return on total assets 16% Return on common equity 20% Total asset turnover 2 Average collection period 62.2 days Calculate values for the following: a. Gross profits b. Cost of goods sold c. Operating profits d. Operating expenses e. Earnings available for common stockholders f. Total assets g. Total common stock equity h. Accounts receivable
LGG 2-18 Ratio proficiency McDougal Printing, Inc., had sales totaling $40,000,000 in fiscal year 2003. Some ratios for the company are listed below. Use this informa- tion to determine the dollar values of various income statement and balance sheet accounts as requested. McDougal Printing, Inc. Year Ended December 31, 2003 Sales $40,000,000 Gross profit margin Operating profit margin Net profit margin 80% 35% 8% Return on total assets 16% Return on common equity 20% Total asset turnover 2 Average collection period 62.2 days Calculate values for the following: a. Gross profits b. Cost of goods sold c. Operating profits d. Operating expenses e. Earnings available for common stockholders f. Total assets g. Total common stock equity h. Accounts receivable
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
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HI. Please help me with this one. You may use excel if you want. Thank you! :)
Transcribed Image Text:LGG 2-18 Ratio proficiency McDougal Printing, Inc., had sales totaling $40,000,000 in
fiscal year 2003. Some ratios for the company are listed below. Use this informa-
tion to determine the dollar values of various income statement and balance
sheet accounts as requested.
McDougal Printing, Inc.
Year Ended December 31, 2003
Sales
$40,000,000
Gross profit margin
Operating profit margin
Net profit margin
80%
35%
8%
Return on total assets
16%
Return on common equity
20%
Total asset turnover
2
Average collection period
62.2 days
Calculate values for the following:
a. Gross profits
b. Cost of goods sold
c. Operating profits
d. Operating expenses
e. Earnings available for common stockholders
f. Total assets
g. Total common stock equity
h. Accounts receivable
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