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Ch. 3 HW Help Save & Exit Submit Check my work Problem 3-7 Profitability Ratios (LG3-4) Maggie's Skunk Removal Corp's 2018 Income statement listed net
Ch. 3 HW Help Save & Exit Submit Check my work Problem 3-7 Profitability Ratios (LG3-4) Maggie's Skunk Removal Corp's 2018 Income statement listed net sales of $13.9 million, gross profit of $9.20 million, EBIT of $70 million, net income available to common stockholders of $4.6 million, and common stock dividends of $26 million. The 2018 year-end balance sheet isted total assets of $53.9 million and common stockholders' equity of $22.4 million with 20 m lon shares outstanding Calculate the gross profit margin. (Round your answer to 2 decimal places.) Gross profit margin Calculate the operating profit margin (Round your answer to 2 decimal places.) Operating poolt margin Calculate the profit margin (Round your answer to 2 decimal places.)
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