Maggies Skunk Removal Corp.s 2015 income statement listed net sales = $12.5 million, gross profit of $6.9

Question:

Maggie’s Skunk Removal Corp.’s 2015 income statement listed net sales = $12.5 million, gross profit of $6.9 million, EBIT = $5.6 million, net income available to common stockholders = $3.2 million, and dividends = $1.2 million. The 2015 year-end listed total assets of $52.5 million and common stockholders’ equity of $21 million with 2 million shares outstanding. Calculate the profit margin, gross profit margin, operating profit margin, basic earnings power, ROA ROE, and payout. Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...