Use the information given below: Income Statement Information: Sales revenue Cost of goods sold Net income 2018 2017 $8,004,000 $7,800,000 $5,282,640 $5,300,000 $327,120 $188,000 Balance Sheet Information: Current assets $1,540,000 $1,440,000 Long-term assets $2,140,000 $1,840,000 $3,680,000 $3,280,000 $1,140,000 $840,000 Total assets Current liabilities Long-term liabilities Common stock Retained earnings $1,560,000 $1,560,000 $740,000 $740,000 $240,000 $140,000 Total liabilities and stockholders' equity $3,680,000 $3,280,000 Calculate the Profit margin ratio for 2018.

Use the information given below: Income Statement Information: Sales revenue Cost of goods sold Net income 2018 2017 $8,004,000 $7,800,000 $5,282,640 $5,300,000 $327,120 $188,000 Balance Sheet Information: Current assets $1,540,000 $1,440,000 Long-term assets $2,140,000 $1,840,000 $3,680,000 $3,280,000 $1,140,000 $840,000 Total assets Current liabilities Long-term liabilities Common stock Retained earnings $1,560,000 $1,560,000 $740,000 $740,000 $240,000 $140,000 Total liabilities and stockholders' equity $3,680,000 $3,280,000 Calculate the Profit margin ratio for 2018.

Fundamentals of Financial Management (MindTap Course List)

15th Edition

ISBN:9781337395250

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter4: Analysis Of Financial Statements

Section: Chapter Questions

Problem 24P: Income Statement for Year Ended December 31, 2018 (Millions of Dollars) Net sales 795.0 Cost of...

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Cost of goods sold: Investment income: Net sales: Operating expense: Interest expense: Dividends: Tax rate: Current liabilities: Cash: Long-term debt: Other assets: Fixed assets: Other liabilities: Investments: Operating assets: $ 200,000 $ 2,700 $333,000 $ 47,000 $ 7,400 $ 16,000 Price-book ratio Price-earnings ratio Price-cash flow ratio 21% $ 26,000 $ 21,000 $ 21,000 $ 43,000 $ 159,000 $ 5,000 $ 47,000 $ 39,000 During the year, Smashville, Incorporated, had 17,000 shares of stock outstanding and depreciation expense of $19,000. At the end of the year, Smashville stock sold for $56 per share. Calculate the price-book ratio, price-earnings ratio, and price-cash flow ratio. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. 3.70
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GIVE THE COMPARATIVE INCOME STATEMENT HORIZONTAL AND VERTICAL ANALYSIS FROM THE FOLLOWING INCOME STATEMENT BELOW JOLLIBEE INCOME STATEMENT ITEM 2016 2017 2018 2019 2020 Sales/Revenue 113.81B 133.61B 161.17B 179.63B 129.31B Sales Growth - 17.40% 20.62% 11.45% -28.01% Cost of Goods Sold (COGS) incl. D&A - - 132.96B 150.88B 115.39B COGS Growth - - - 13.47% -23.52% COGS excluding D&A 89.27B 105.39B 121.08B 137.38B 100.82B Depreciation & Amortization Expense 4B 4.75B 11.89B 13.5B 14.57B Depreciation 3.93B 4.66B 11.73B 13.34B 14.32B Amortization of Intangibles 68.99M 78.95M 151.82M 145.42M 245.23M Gross Income 20.54B 23.48B 28.21B 28.75B 13.92B Gross Income Growth - 14.30% 20.12% 1.93% -51.57% Gross Profit Margin - - - - 10.77% SG&A Expense - - 17.64B 20.21B 20.42B SGA Growth - - -…
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