I need guidance with this financial accounting problem using the right financial principles. Use the following information to calculate the Profit Margin Ratio for 2022:Income Statement Information - Lakeview InstrumentsSales Revenue20222021$12,000,000 $11,100,000Cost of Goods Sold (COGS) $8,600,000 $8,000,000Net Income$550,000 $400,000Balance Sheet Information - Lakeview InstrumentsCurrent AssetsLong-Term AssetsTotal AssetsCurrent LiabilitiesLong-Term LiabilitiesCommon Stock20222021$2,300,000 $2,100,000$3,900,000 $3,600,000$6,200,000 $5,700,000$1,400,000 $1,200,000$2,400,000 $2,300,000$900,000 $900,000$1,500,000 $1,300,000Retained EarningsTotal Liabilities & Stockholders' Equity $6,200,000 $5,700,000What is the Profit Margin Ratio for Lakeview Instruments in 2022?

Step 1: Detailed Explanation of Profit Margin RatioThe Profit Margin Ratio measures how much of each…

Answered: Use the following information to…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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What are the Profitability Ratios and Market Value Ratios/Earning Ratios for the periods 2019,2020 and 2021? Images Attached
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d. Calculate the Efficiency ratio which includes the sales to total assets ratio, operating return on assets, return on assets, ROA Model, return on equity, and ROE Model
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Following are forecasts of sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of December 31, 2018, for Humana. Reported Horizon Period $ millions 2018 2019 2020 2021 2022 TerminalPeriod Sales $56,912 $57,766 $58,632 $59,512 $60,404 $61,008 NOPAT 2,492 2,542 2,580 2,619 2,658 2,684 NOA 4,032 4,097 4,158 4,221 4,284 4,327 Answer the following requirements assuming a discount rate (WACC) of 7.8%, a terminal period growth rate of 1%, common shares outstanding of 135.6 million, net nonoperating obligations (NNO) of $(6,129) million, which is negative because Humana’s nonoperating assets exceed its nonoperating liabilities, and no noncontrolling interest (NCI) on the balance sheet. (a) Estimate the value of a share of common stock using the residual operating income (ROPI) model as of December 31, 2018. Instructions: Round all answers to the nearest whole number, except for discount factors, shares outstanding (do not round), and…
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