Pribyl Corporation has provided the following financial data: Total assets Total stockholders' equity Income Statement For the Year Ended December 31, Year 2 Sales (all on account) Cost of goods sold Gross margin Operating expenses Net operating income Interest expense Net income before taxes Income taxes (36%) Net income d. What is the company's return on equity for Year 2? Note: Round your answers to 2 decimal places. $ 1,285,000 727,000 558,000 510,846 a. Net profit margin percentage b. Gross margin percentage c. Return on total assets d. Return on equity Required: a. What is the company's net profit margin percentage for Year 2? b. What is the company's gross margin percentage for Year 2? c. What is the company's return on total assets for Year 2? 47,154 17,500 % % % % 29,654 10,675 $ 18,979 Year 2 $ 1,496,000 $ 1,033,000 Year 1 $ 1,470,000 $ 1,020,000

Pribyl Corporation has provided the following financial data: Total assets Total stockholders' equity Income Statement For the Year Ended December 31, Year 2 Sales (all on account) Cost of goods sold Gross margin Operating expenses Net operating income Interest expense Net income before taxes Income taxes (36%) Net income d. What is the company's return on equity for Year 2? Note: Round your answers to 2 decimal places. $ 1,285,000 727,000 558,000 510,846 a. Net profit margin percentage b. Gross margin percentage c. Return on total assets d. Return on equity Required: a. What is the company's net profit margin percentage for Year 2? b. What is the company's gross margin percentage for Year 2? c. What is the company's return on total assets for Year 2? 47,154 17,500 % % % % 29,654 10,675 $ 18,979 Year 2 $ 1,496,000 $ 1,033,000 Year 1 $ 1,470,000 $ 1,020,000

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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