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 | 178,223.00 |
Depreciation expense | 21,600 | 23,852.00 |
Interest expense | 16,200 | 16,649.00 |
Inventories | 111,600 | 115,200 |
Long-term debt | 135,000 | 138,605.00 |
Net fixed assets | 379,258.00 | 399,600 |
Notes payable | 59,400 | 64,800 |
Operating expenses (excl. depr.) | 50,400 | 65,799.00 |
Retained earnings | 122,400 | 136,800 |
Sales | 255,600 | 337,010.00 |
Taxes | 9,900 | 19,119.00 |
What is the firm's current year net profit margin?
Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)
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