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If total sales revenue is $1,880,400, depreciation is $316,000, and gross profit is $840,100, what is the firm's cost of goods sold? 1,564,400 724,300 2,720,050
If total sales revenue is $1,880,400, depreciation is $316,000, and gross profit is $840,100, what is the firm's cost of goods sold? 1,564,400 724,300 2,720,050 1,156,100 1,040,300 Page 15 of 31 Next Page Andersen's Nursery has annual sales of $318,400, cash operating costs (i.e., all cash expense items down to EBIT) of $189,400, depreciation expense of $28,500, interest expense of $2,150, and a tax rate of 20 percent. They have current liabilities of $42,800 and current assets of $61,900. The firm paid out $23,400 in dividends. What is net income for the firm? [Enter your answer in whole dollars. For example, if your answer is $22,678.9, enter your answer as 22679. You do not need to enter a dollar sign.] Your Answer: Answer Denmark Shoes has annual sales of $3,570,000, net income of $429,500, total assets of $2,350,000, and total shareholder equity of $1,222,000. This year, their board of directors have decided to pay total cash dividends to shareholders of $209,500. What is the addition to retained earnings for the year? [Enter your answer as a whole number. For example, 22890 -- don't enter dollar signs or percent signs.] Your Answer: Answer NetSpace, Inc. has annual sales of $687,400, total debt (total liabilities) of $290,000, total equity of $343,000, and a net profit margin of 4.5 percent. What is the firm's return on assets? [Enter your answer as a percent, shown to one decimal place. For example, if your answer is 17.82% (or .1782 in decimal form) enter your answer as 17.8. You do not need to enter a percent symbol (%).] Your
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