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Compute the component percentages for Trixy Magic's income statement below. (Enter your answers as a percentage rounded to 2 decimal place (i.e. 0.1234 should be
Compute the component percentages for Trixy Magic's income statement below. (Enter your answers as a percentage rounded to 2 decimal place (i.e. 0.1234 should be entered as 12.34). Enter all answers as positive values.) TRIXY MAGIC, INC. Consolidated Statements of Earnings (in millions) Fiscal Years Ended on Fiscal 2018 % Sales Fiscal 2017 % Sales Fiscal 2016 % Sales Net sales $ 48,243 100.00 % $ 100.00 % $ 46,939 100.00% 48,302 31,573 Cost of sales 31,738 30,740 16,505 100.00 16,729 100.00 16,199 100.00 Gross margin Expenses: Selling, general, and administrative Depreciation 11,077 10,528 9,747 1,547 1,377 1,180 Interest-net 282 201 161 Total expenses 0.00 12,106 0.00 11,088 0.00 12,906 3,599 1,318 100.00 4,623 100.00 5,111 Pre-tax earnings Income tax provision Net earnings 100.00 1,717 1,904 $ 2,281 100.00 % $ 2,906 100.00 % $ 3,207 100.00 %
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