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.) Gross Profit margin % Calculate the operating profit margin. (Round your answer to 2 decimal places.) Operating Margin % Calculate the profit margin. (Round your answer to 2 decimal places.)
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
Calculate the gross profit margin. (Round your answer to 2 decimal places.)
Gross Profit margin %
Calculate the operating profit margin. (Round your answer to 2 decimal places.)
Operating Margin %
Calculate the profit margin. (Round your answer to 2 decimal places.)
Calculate the basic earnings power. (Round your answer to 2 decimal places.)
Calculate the return on assets. (Round your answer to 2 decimal places.)
Calculate the return on equity. (Round your answer to 2 decimal places.)
Return on Equity %
Calculate the dividend payout. (Round your answer to 2 decimal places.)
Dividend Payout %
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