Question
Find below Dolce Gusto Company's financial statements for the year ended December 31st, 2020: Dolce Gusto Company Balance Sheet For the year ended December 31st,
Find below Dolce Gusto Company's financial statements for the year ended December 31st, 2020:
Dolce Gusto Company Balance Sheet For the year ended December 31st, 2020 Assets: Cash and marketable securities $400,000 Accounts receivable 1,415,000 Inventories 1,847,500 Prepaid expenses 24,000 Total current assets 3,686,500 Fixed assets 2,800,000 Less: accumulated depreciation (1,087,500) Net fixed assets 1,712,500 Total assets $5,399,000 Liabilities: Accounts payable $600,000 Notes payable 875,000 Accrued taxes 92,000 Total current liabilities $1,567,000 Long-term debt 900,000 Common Stock (100,000 shares) 700,000 Retained Earnings 2,232,000 Total liabilities and owner's equity $5,399,000 Dolce Gusto Company Income statement For the year ended December 31st, 2020 Net sales (all credit) 9000000 Less: Cost of goods sold 4000000 Gross Profit Depreciation expense 135000 Selling and marketing 100000 Operating Profit interest expense 115000 Earnings before tax tax (0.4) Net income Answer for part 11 What is the company's Gross profit margin? Answer for part 12 What is the company's Operating profit margin? Answer for part 13 What is the company's total asset turnover? Answer for part 14 What is the company's Net profit margin? Answer for part 15
--------------- Please Solve As soon as Solve quickly I get you thumbs up directly Thank's Abdul-Rahim Taysir
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