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hapter 14 Graded Homework Saved You skipped this question in the previous attempt. 5 4.28 points Sales. Cost of goods sold Gross margin Selling
hapter 14 Graded Homework Saved You skipped this question in the previous attempt. 5 4.28 points Sales. Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses This Year $ 92,000 Last Year $ 87,000 58,500 54,500 33,500 32,500 9,800 9,300 13,300 12,300 Total selling and administrative expenses 23,100 21,600 Net operating income 10,400 10,900 02:53:41 Interest expense 1,050 1,050 Net income before taxes a 9,350 9,850 Skipped eBooks Hint Print Required: Compute the following financial data for this year: Income taxes Net income Dividends to common stockholders Net income added to retained earnings Beginning retained earnings Ending retained earnings. 3,740 3,940 5,610 5,910 372 744 5,238 27,960 5,166 22,794 $ 33,198 $ 27,960 References 1. Gross margin percentage. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) 2. Net profit margin percentage. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).). 3. Return on total assets. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) 4. Return on equity. (Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) 1. Gross margin percentage 2. Net profit margin percentage 3 Return on total assets 4 Return on equity % % % %
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