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A firm has net sales of $12,000,000, Cost of Goods Sold $5,000,000, Depreciation Expense of $2,000,000, Selling and Administrative Expenses of $2,500,000, Interest Expense of

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A firm has net sales of $12,000,000, Cost of Goods Sold $5,000,000, Depreciation Expense of $2,000,000, Selling and Administrative Expenses of $2,500,000, Interest Expense of $1,250,000, and an average tax rate of 20%. a. 11 The firm's Net Income is 1,000,000 b. 925,000 875,000 800,000 none of the above C. d e 12 The firm's Operating Margin is a. 10.0% b. 20.8% C. 45.2% d 51.0% 13 The firm's Gross Profit Margin is a. 15.6% b. 23.4% C. 42.5% d 58.3% 14 Times Interest Earned is a. 9.60 b. 5.60 C. 2.00 d 0.50 15 The firm's Pre-tax Income is a 1.250.000 b. 1,125,325 16 Refer to the financial information for questions 12-16. If the firm carries average inventory of $25,000, Calculate the Inventory turnover for the period and average days inventory Turnover Avg Days Inventory a. b. c. d 280 180 150 125 85 1.3035 2.03 2.4333 2.92 4.294 thf Can you please do Only Q x 16

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