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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 $ 48,249 100.00 % $ 48,287 100.00 % $ 46,930 100.00 % Cost of sales 31,742 16,507 31,562 16,725 30,741 16,189 100.00 100.00 100.00 Gross margin Expenses: Selling, general, and administrative Depreciation Interest-net 11,074 10,524 9,751 1,543 1,376 1,172 298 212 174 12,915 0.00 0.00 11,097 0.00 3,592 100.00 12,112 4,613 1,716 100.00 5,092 Total expenses Pre-tax eamings Income tax provision Net earnings 100.00 1,907 1,312 2,280 $ 100.00 % $ 2,897 100.00 % $ 3,185 100.00 %
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