Question
Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500 Additional paid in capital 200,000 216,660 Cash ??? ???
Category | Prior year | Current year |
Accounts payable | 41,400 | 45,000 |
Accounts receivable | 115,200 | 122,400 |
Accruals | 16,200 | 13,500 |
Additional paid in capital | 200,000 | 216,660 |
Cash | ??? | ??? |
Common Stock @ par value | 37,600 | 42,000 |
COGS | 131,400 | 177,698.00 |
Depreciation expense | 21,600 | 22,587.00 |
Interest expense | 16,200 | 16,405.00 |
Inventories | 111,600 | 115,200 |
Long-term debt | 135,000 | 138,086.00 |
Net fixed assets | 375,898.00 | 399,600 |
Notes payable | 59,400 | 64,800 |
Operating expenses (excl. depr.) | 50,400 | 68,857.00 |
Retained earnings | 122,400 | 136,800 |
Sales | 255,600 | 338,016.00 |
Taxes | 9,900 | 18,781.00 |
Part 1. What is the firm's current year net profit margin?
Part 2. What is the firm's net income for the current year?
Part 3. What is the firm's gross profit margin for the current year?
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