Category Prior Year Current Year Accounts payable Accounts receivable 320,715 397,400 Accruals 40,500 33,750 Additional paid in capital 500,000 541,650 Cash 17,500 47,500 Common Stock 94,000 105,000 COGS 328,500 431,078 00 Current portion long term debt 33,750 35,000 Depreciation expense 54,000 55,719 00 Interest expense 40,500 42,230 00 Inventories 279,000 288,000 Long term debt 337,384 00 399,193 00 Net fixed assets 946,535 999,000 Notes payable 148,500 162,000 Operating expenses (excl depr ) 126,000 162,136 00 Retained earnings 306,000 342,000 Sales 639,000 848,775 00 Taxes 24,750 48,424 00 What is the firm's net income for the current year Submit Answer format Number Round to 0 decimal places unanswered not submitted Attempts Remaining Infinity 3 Category Prior Year Current Year Accounts payable Accounts receivable 320,715 397,400 Accruals 40,500 33,750 Additional paid in capital 500,000 541,650 Cash 17,500 47,500 Common Stock 94,000 105,000 COGS 328,500 431,078 00 Current portion long term debt 33,750 35,000 Depreciation expense 54,000 55,719 00 Interest expense 40,500 42,230 00 Inventories 279,000 288,000 Long term debt 337,384 00 399,193 00 Net fixed assets 946,535 999,000 Notes payable 148,500 162,000 Operating expenses (excl depr ) 126,000 162,136 00 Retained earnings 306,000 342,000 Sales 639,000 848,775 00 Taxes 24,750 48,424 00 What is the firm's current year operating profit margin Submit 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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Category Prior Year Current Year Accounts payable ??? ??? Accounts receivable 320,715 397,400 Accruals 40,500 33,750 Additional paid in capital 500,000 541,650 Cash 17,500 47,500

Category	Prior Year	Current Year
Accounts payable	???	???
Accounts receivable	320,715	397,400
Accruals	40,500	33,750
Additional paid in capital	500,000	541,650
Cash	17,500	47,500
Common Stock	94,000	105,000
COGS	328,500	431,078.00
Current portion long-term debt	33,750	35,000
Depreciation expense	54,000	55,719.00
Interest expense	40,500	42,230.00
Inventories	279,000	288,000
Long-term debt	337,384.00	399,193.00
Net fixed assets	946,535	999,000
Notes payable	148,500	162,000
Operating expenses (excl. depr.)	126,000	162,136.00
Retained earnings	306,000	342,000
Sales	639,000	848,775.00
Taxes	24,750	48,424.00

What is the firm's net income for the current year?

Submit

Answer format: Number: Round to: 0 decimal places.

unanswered

not_submitted

Attempts Remaining: Infinity

Category	Prior Year	Current Year
Accounts payable	???	???
Accounts receivable	320,715	397,400
Accruals	40,500	33,750
Additional paid in capital	500,000	541,650
Cash	17,500	47,500
Common Stock	94,000	105,000
COGS	328,500	431,078.00
Current portion long-term debt	33,750	35,000
Depreciation expense	54,000	55,719.00
Interest expense	40,500	42,230.00
Inventories	279,000	288,000
Long-term debt	337,384.00	399,193.00
Net fixed assets	946,535	999,000
Notes payable	148,500	162,000
Operating expenses (excl. depr.)	126,000	162,136.00
Retained earnings	306,000	342,000
Sales	639,000	848,775.00
Taxes	24,750	48,424.00

What is the firm's current year operating profit margin?

Submit

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))