How to solve these?

Question 3

Canadian Bacon Inc. financial statements are presented in the table below.

Based on the information in the table, calculate the firms the net-working capital to-sales ratio.

Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box).

Balance Sheet December 31, 2015

Cash and marketable securities	$187,000	Accounts payable	$217,000
Accounts receivable	$498,000	Notes payable	$51,500
Inventories	$799,000	Accrued expenses	$58,300
Prepaid expenses	$19,300	Total current liabilities	$326,800
Total current assets	$1,503,300	Long-term debt	$215,400
Gross fixed assets	$1,978,000	Par value and paid-in-capital	$128,000
Less: accumulated depreciation	$478,000	Retained Earnings	$2,333,100
Net fixed assets	$1,500,000	Common Equity	2,461,100
Total assets	$3,003,300	Total liabilities and owners equity	$3,003,300

Income Statement, Year of 2015

Net sales (all credit)	$5,386,600.00
Less: Cost of goods sold	$3,716,754.00
Selling and administrative expenses	$329,000.00
Depreciation expense	$138,000.00
EBIT	$1,202,846.00
Interest expense	$39,600.00
Earnings before taxes	$1,163,246.00
Income taxes	$465,298.40
Net income	$697,947.60

Answer:

		(21.84)			(%)
Gross Profit Margin

Question 4

Canadian Bacon Inc. financial statements are presented in the table below.

Based on the information in the table, calculate the firms gross profit margin.

Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box).

Balance Sheet December 31, 2011

Cash and marketable securities	$143,000	Accounts payable	$278,000
Accounts receivable	$354,000	Notes payable	$87,000
Inventories	$672,000	Accrued expenses	$65,000
Prepaid expenses	$12,500	Total current liabilities	$430,000
Total current assets	$1,181,500	Long-term debt	$284,000
Gross fixed assets	$1,675,000	Par value and paid-in-capital	$228,000
Less: accumulated depreciation	$500,000	Retained Earnings	$1,414,500
Net fixed assets	$1,175,000	Common Equity	1,642,500
Total assets	$2,356,500	Total liabilities and owners equity	$2,356,500

Income Statement Year of 2011

Net sales (all credit)	$3,136,600.00
Less: Cost of goods sold	$2,195,620.00
Selling and administrative expenses	$345,000.00
Depreciation expense	$146,000.00
EBIT	$449,980.00
Interest expense	$45,300.00
Earnings before taxes	$404,680.00
Income taxes	$161,872.00
Net income	$242,808.00

Answer:

		(30.00)			(%)
Operating Profit Margin

Question 5

Canadian Bacon Inc. financial statements are presented in the table below.

Based on the information in the table, calculate the firms the operating profit margin.

Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box).

Balance Sheet December 31, 2012

Cash and marketable securities	$198,000	Accounts payable	$288,000
Accounts receivable	$469,000	Notes payable	$65,000
Inventories	$577,000	Accrued expenses	$84,000
Prepaid expenses	$15,700	Total current liabilities	$437,000
Total current assets	$1,259,700	Long-term debt	$237,000
Gross fixed assets	$1,954,000	Par value and paid-in-capital	$199,000
Less: accumulated depreciation	$476,000	Retained Earnings	$1,864,700
Net fixed assets	$1,478,000	Common Equity	2,063,700
Total assets	$2,737,700	Total liabilities and owners equity	$2,737,700

Income Statement, Year of 2012

Net sales (all credit)	$7,546,600.00
Less: Cost of goods sold	$6,112,746.00
Selling and administrative expenses	$349,000.00
Depreciation expense	$145,000.00
EBIT	$939,854.00
Interest expense	$49,500.00
Earnings before taxes	$890,354.00
Income taxes	$356,141.60
Net income	$534,212.40

Answer:

		(12.45)			(%)
Net Profit Margin

Question 6

Canadian Bacon Inc. financial statements are presented in the table below.

Based on the information in the table, calculate the firms net profit margin.

Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box).

Balance Sheet December 31, 2013

Cash and marketable securities	$112,000	Accounts payable	$211,000
Accounts receivable	$325,000	Notes payable	$51,500
Inventories	$426,000	Accrued expenses	$50,100
Prepaid expenses	$10,700	Total current liabilities	$312,600
Total current assets	$873,700	Long-term debt	$225,000
Gross fixed assets	$1,514,000	Par value and paid-in-capital	$117,000
Less: accumulated depreciation	$315,000	Retained Earnings	$1,418,100
Net fixed assets	$1,199,000	Common Equity	1,535,100
Total assets	$2,072,700	Total liabilities and owners equity	$2,072,700

Income Statement, Year of 2013

Net sales (all credit)	$3,256,600.00
Less: Cost of goods sold	$2,572,714.00
Selling and administrative expenses	$323,000.00
Depreciation expense	$115,000.00
EBIT	$245,886.00
Interest expense	$29,600.00
Earnings before taxes	$216,286.00
Income taxes	$86,514.40
Net income	$129,771.60

Answer:

(3.98)

(%)