Operating and Nonoperating Items in Boston Scientific's Income StatementEXHIBIT 3.6For Year Ended December 31, S mllllons201820172016$9,8232,813$9,0482,593$8,3862,424Net salesCost of products soldGross profit.Operating expensesSelllng, general and admlnlstratlve expenses.Research and development expensesRoyalty expenseAmortlzatlon expenseIntanglble asset Impalrment charges.ContIngent conslderatlon expense (beneflt)Restructurlng charges.Litigatlon-related charges7,0106,4555,9623,5693,2943,0991,1139979207068795995655453511(21)(80)29363728103285804Operating expenses5,5045,1705,515Operating incomeOther expense (income)Interest expense1,5061,285447241229233Other expense (income), net.(156)124371,422(249)Income before income taxes932177Income tax expense (benefit) .828(170)Net income$1,671241042$347Calculate the profit margin ratio for 2016

Given: Sales = $8,386 Net income = $347

Selllng, general and admlnlstratlve expenses. Research and development expenses 3,569 3,294 3,099 1,113 70 920 79 545 997 Royalty expense. Amortizatlon expense Intanglble asset Impalrment charges. Contingent consIderatlon expense (benefit) Restructurıng charges. 68 599 565 35 11 (21) 36 (80) 37 29 28 Litigatlon-related charges 103 285 804 Operating expenses . 5,504 5,170 5,515 Operating income . Other expense (income) Interest expense . . 1,506 1,285 447 241 229 233 Other expense (income), net. (156) 124 37 Income before income taxes 1,422 (249) 932 828 177 Income tax expense (benefit) (170) Net income.. $1,671 $ 104 $ 347 Calculate the profit margin ratio for 2016

Selllng, general and admlnlstratlve expenses. Research and development expenses 3,569 3,294 3,099 1,113 70 920 79 545 997 Royalty expense. Amortizatlon expense Intanglble asset Impalrment charges. Contingent consIderatlon expense (benefit) Restructurıng charges. 68 599 565 35 11 (21) 36 (80) 37 29 28 Litigatlon-related charges 103 285 804 Operating expenses . 5,504 5,170 5,515 Operating income . Other expense (income) Interest expense . . 1,506 1,285 447 241 229 233 Other expense (income), net. (156) 124 37 Income before income taxes 1,422 (249) 932 828 177 Income tax expense (benefit) (170) Net income.. $1,671 $ 104 $ 347 Calculate the profit margin ratio for 2016

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter15: Capital Investment Analysis

Section: Chapter Questions

Problem 15.5.1MBA

See similar textbooks

Similar questions

Calculate the cost efficiency - profit margin ratios
Prepare the Pro-Forma Statement of Financial Position for the year ending 31 December 2023 INFORMATIONSibiya ProjectsStatement of Comprehensive Income for the year ended 31 December 2022 RSales 10 000 000Cost of sales (5 750 000)Gross profit 4 250 000Variable, selling and administrative costs (1 500 000)Fixed selling and administrative costs (500 000)Net profit 2 250 000 Statement of Financial Position for the year ended 31 December 2022ASSETS RNon-current assets 800 000Property, plant and equipment 800 000 Current assets 3 400 000Inventories 1 600 000Accounts receivable 600 000Cash 1 200 000TOTAL ASSETS 4 200 000 EQUITY AND LIABILITIESEquity 3 760 000 Current liabilities 440 000Accounts payable 440 000TOTAL ASSETS AND LIABILITIES 4 200 000 Additional informationA. The sales budget for 2023 is as follows:First Quarter Second Quarter Third Quarter Fourth QuarterR2 625 000 R2 750 000 R2 875 000 R2 750 000 B. 90% of sales is collected in the quarter of the sale and 10% in the quarter…
Required information For Year Ended December 31 Sales Cost of goods sold Other operating expenses Current Year $ 411, 225 209,550 12, 100 9,525 $ 673,500 642, 400 $31,100 $ 1.90 :. -. - == ....... 9 US Sa M
Net sales from Following inform sttement
The comparative statements of Waterway Company are presented here. Waterway CompanyIncome StatementsFor the Years Ended December 3120222021Net sales$1,813,300 $1,753,100 Cost of goods sold1,008,900 983,000 Gross profit804,400 770,100 Selling and administrative expenses516,800 477,800 Income from operations287,600 292,300 Other expenses and losses Interest expense18,900 14,800 Income before income taxes268,700 277,500 Income tax expense78,224 77,700 Net income$ 190,476 $ 199,800 Waterway CompanyBalance SheetsDecember 31Assets20222021Current assets Cash$60,200 $64,500 Debt investments (short-term)70,600 49,200 Accounts receivable (net)117,800 102,700 Inventory123,600 114,700 Total current assets372,200 331,100 Plant assets (net)602,200 517,900 Total…
The comparative statements of Waterway Company are presented here. Waterway CompanyIncome StatementsFor the Years Ended December 3120222021Net sales$1,813,300 $1,753,100 Cost of goods sold1,008,900 983,000 Gross profit804,400 770,100 Selling and administrative expenses516,800 477,800 Income from operations287,600 292,300 Other expenses and losses Interest expense18,900 14,800 Income before income taxes268,700 277,500 Income tax expense78,224 77,700 Net income$ 190,476 $ 199,800 Waterway CompanyBalance SheetsDecember 31Assets20222021Current assets Cash$60,200 $64,500 Debt investments (short-term)70,600 49,200 Accounts receivable (net)117,800 102,700 Inventory123,600 114,700 Total current assets372,200 331,100 Plant assets (net)602,200 517,900 Total…
Ivanhoe Company operates a small factory in which it manufactures two products: C and D. Production and sales results for last year were as follows. Units sold Unit selling price Unit variable costs Unit fixed costs C 8,900 19,500 $93 $77 52 D 21 40 21 For purposes of simplicity, the firm averages total fixed costs over the total number of units of C and D produced and sold. The research department has developed a new product (E) as a replacement for product D. Market studies show that Ivanhoe Company could sell 11,700 units of E next year at a price of $113; unit variable costs of E are $42. The introduction of product E will lead to a 12% increase in demand for product C and discontinuation of product D. If the company does not introduce the new product, it expects next year's results to be the same as last year's.
explain your solution Operating margin Market Ratio Operating income Current Ratio = Ravenue 6957873 73686228 = 0.094 Grooss profit cost of goods solds = 0.561 26505347 47180881 Current Assets Current liabilities 72595989 53459728 = 135795657
Sunland Limited reported the following selected information for the year ended March 31, 2024: Advertising expense $5,000 Income tax payable $5,200 Cash dividends-common 4,000 Interest expense 5, 100 Depreciation expense 3, 000 Loss on discontinued operations 18,000 Fees earned 66,000 Rent revenue 30, 000 Gain on disposal of equipment 1, 100 Retained earnings, April 1, 2023 15,000 Holding loss on equity investments 3,000 Telephone expense 8,000 The company's income tax rate is 30%. The company reports gains and losses on its equity investments as other comprehensive income. Prepare a multi-step income statement and a separate statement of comprehensive income for Sunland Limited.$ Profit/ (Loss) for the Year $
Remember: Gross profit = SP- CP Activity 1.2 enti Complete the following table: Table 1.2: Finding the cost price, the gross profit or the selling price No Cast price Gross prafit Selling price 1.2.1 R5 600 R8 700 1.2.2 R3 400 30% 1.2.3 R6 800 R12 700 1.2.4 R17 500 R35 000 The owner of an enterprise has to calculate both the gross and the net profit. A business has certain operating expenses thai must be deducied from the gross profit to get the net profit. Examples of operating expenses are: • Salaries Wages • Rent paid/rent expense • Advertisements • Stationery. The cost of advertising the business is one example of an operating expense. Gross profit minaş operating expenses equals net profit."
Please no written by hand solution
I need help on 10, 12,14,17 and 18 please please please please.