Compute and evaluate Espresso's profit margin for 2019-2017
History Bookmarks People Tab Window Help O Do Homework - Ryan Simpson mathxl.com/Student/PlayerHomework.aspx?homeworkld=559107697&questionld=1&flushed=false&cld=5854184¢erwin=yes BUS 222 Managerial Accounting Spring 2020 8:30 Ryan Simpson & | 02/25/20 5:16 Homework: Appendix C Extra Credit Opportunity! 20 Points S Score: 0 of 1 pt 4 1 of 1 (0 complete) HW Score: 0%, 0 of CYUC-2 (similar to) Question Help Consider the following four-year selected financial data for Espresso, Inc. (Click the icon to view the selected financial data.) Read the requirements. Requirement 1. Compute and evaluate Espresso's profit margin ratio for 2019-2017. (Round the profit margin ratio to the nearest tenth percent, X.X%. Enter a loss and/or a negative profit margin ratio with a minus sign or parentheses.) Profit margin ratio 2019 2018 % 2017 % Financial Data Operating Results: 2019 2018 2017 2016 Net Sales Revenue $ 13,844 $ 13,670 $ 11,632 $ 9,055 Cost of Goods Sold 9,700 8,594 6,770 5,315 Interest Expense 106 40 41 Income from Operations 332 ,450 1,820 1,337 Choose from any list or enter any number in th Income Tax Expense 99 262 333 240 Net Income (Net Loss) (12) 880 1.124 825 12 parts Cash Dividends on Common Stock 78 80 76 78 remaining Financial Position: 27,29 FEB 25 W MacBook Air 886 DII DD F3 F4 F5 F6 F7 F8 F9 F10 $ % &View History Bookmarks People Window Help $ 7 53% [ 4] Tue 5:18 Do Homework - Ryan Simpson mathxl.com/Student/PlayerHomework.aspx?homeworkld=559107697&questionld=1&flushed=false&cld=5854184¢erwin=yes BUS 222 Managerial Accounting Spring 2020 8:30 Ryan Simpson & | 02/25/20 5:18 PM ocument Homework: Appendix C Extra Credit Opportunity! 20 Points Save Score: 0 of 1 pt 1 of 1 (0 complete) HW Score: 0%, 0 of 1 pt CYUC-2 (similar to) Question Help Consider the following four-year selected financial data for Espresso, Inc. (Click the icon to view the selected financial data.) Read the requirements. .: Requirement 1. Compute and evaluate Espresso's profit margin ratio for 2019-2017. (Round the profit margin ratio to the nearest tenth percent, X.X%. Enter a loss and/or a negative profit margin ratio with a minus sign or parentheses.) Profit margin ratio 2019 365 days 1% 2018 Avg. common stockholders' equity % 2017 Avg. merchandise inventory Avg. total assets Cost of goods sold Earnings per share Financial Data - X Gross profit Interest expense Inventory turnover Income Tax Expense 99 262 333 240 Merchandise inventory Net Income (Net Loss) (12) 880 1,124 825 NI Cash Dividends on Common Stock 78 80 76 78 (NI + Income tax exp. + Interest exp. (NI - Income tax canp. - Interest exp.) Financial Position: (NI + Interest exp.) Merchandise Inventory 1,680 1,900 1,454 1,046 (NI - Interest exp.) Total Assets 7,592 7,018 5, 190 3,962 Choose fri (NI - Preferred dividends) Current Ratio 1.43:1 0.92:1 1.31:1 1.17:1 ? part Net sales revenue 3,014 2,938 2,634 1,584 rem Total assets Stockholders' Equity Total stockholders' equity Average Number of Shares of 27,29 FEB 25 W MacBook Air 80 DII DD F3 F4 F5 F6 F7 F8 F9 F10 % &
