1 2 DATA FOR PROBLEMS #1, #2 3 The Watkins Corp has annual sales of 10,000,000 4 It has a gross profit margin of 34.00% 5 Its ending inventory is 1,300,000 6 7 # 1 How many times does the inventory turnover during the operating cycle? 8 a 5.18 9 b) 5.08 10 C) 5.28 11 d) 6.08 12 365 day + 13 #2 Given that there are 14 of the inventory for this firm? 15 a) 70 16 b) 74 1776 18 d) 72 19 20 DATA FOR PROBLEMS #3, #4, #5 21 The Beta Corporation has a Profit Margin of 22 The sales of the company in 2017 were 23 The number of shares outstanding were 24 The current price of the stock is 25 26 #3 Determine the net earnings or profit 27 a) $1,350,000,000 28 b) $1,550,000,000 29 ) $1,250,000,000 30 d) $1,450,000,000 $ 9.00% 15,000,000,000 2,500,000,000 15.00 $