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Compute the component percentages for Trixy Magics 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 Magics 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 $ 48,234 100.00 % $ 48,288 100.00 % 31,734 31,574 16,500 16,714 Fiscal 2016 % Sales $ 46,932 100.00 30,732 16,200 Net sales Cost of sales Gross margin Expenses Selling, general, and administrative Depreciation Interest-net Total expenses Pre-tax earnings Income tax provision Net earnings 11,085 1,555 288 12,928 3,572 1,321 2.251 10,518 1,370 210 12,098 4,616 1,720 2,896 9,758 1,165 160 11,083 5,117 1,902 3,215 % $ % $Step by Step Solution
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