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A firm has net sales of $12,000,000, Cost of Goods Sold $5,000,000, Dopreciation Expenso 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, Dopreciation Expenso 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% 11 The firm's Net Income Is a. 1,000,000 b. 925,000 c. B75,000 d B00,000 e none of the above 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 C 1,000,000 d 250,000 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 13 The firm's Gross Profit Margin Is 16.6% b. 23.4% c. 42.6% d 58.3% 14 Times Interest Earned Is a. 9.60 b. 5.60 C. 2.00 0.50 15 The firm's Pre-tax Income is a. 1,250,000 b. 1,125,325 c. 1,000,000 250,000 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 Can you please do only Q is, 16' Thank you

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