a) What is the firms current year

net profit margin ?

b) What is the firms net income for the current year?

c) what is the firms current year operating profit margin ?

d) What is the firms current year gross profit margin ?

e) what is the entry for the current years interest expense on a common sized income statement ?

Category Prior Year Current Year Accounts payable ??? ??? Accounts receivable 320,715 397,400 Accruals 40,500 33,750 541,650 Additional paid in capital 500,000 Cash 17,500 47,500 Common Stock 94,000 105,000 COGS 328,500 431,269.00 Current portion long-term debt 33,750 35,000 Depreciation expense 54,000 Interest expense 54,999.00 41,202.00 40,500 Inventories 279,000 288,000 Long-term debt 336,547.00 398,526.00 Net fixed assets 946,535 999,000 Notes payable 162,000 148,500 126,000 Operating expenses (excl. depr.) 162,361.00 Retained earnings 306,000 342,000 Sales 639,000 852,837.00 Taxes 24,750 48,554.00