M Connect (chapter 11~13) Mercedes, Co. has the following quarterly financial information Saved M Conne 9th Quarter Sales Revenue 3rd Quarter 2nd 1st Quarter Quarter $913,800 $923,300 $921,600 Cost of Goods Sold $929,400 305,100 317,700 317,300 Operating Expenses 322,500 248,300 259,700 257,900 Interest Expense 262,000 3,900 3,900 Income Tax Expense 3,900 3,800 84,900 87,800 Average Number of Common Shares 87,800 90,300 Outstanding 796,030 791,064 792,670 806,000 Stock price when Q4 EPS released $ 24 Required: a. Calculate the gross profit percentage for each quarter. b. Calculate the net profit margin for each quarter. c. Calculate the EPS for each quarter. d. Calculate the Price/Earnings ratio at the end of the year. Complete this question by entering your answers in the tabs below. Required Required Required Required B C D Calculate the gross profit percentage for each quarter. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Gross Profit Percentage Q4 % Q3 Q2 Q1 % % Required A Required B > M Connect -(chapter 11"13) Mercedes, Co. has the following quarterly financial information. Saved M Connect 4th 3rd 2nd 1st Quarter Quarter Quarter Quarter Sales Revenue $913,800 $923,300 $921,600 $929,400 Cost of Goods Sold 305,100 317,700 317,300 322,500 5:47 Operating Expenses 248,300 259,700 257,900 262,000 Interest Expense 3,900 3,900 3,900 3,800 Income Tax Expense 84,900 87,800 87,800 90,300 Average Number of Common Shares 796,030 791,064 792,670 Outstanding 806,000 Stock price when 04 EPS released $ 24 Required: a. Calculate the gross profit percentage for each quarter. b. Calculate the net profit margin for each quarter. c. Calculate the EPS for each quarter. d. Calculate the Price/Earnings ratio at the end of the year. Complete this question by entering your answers in the tabs below. Required Required Required Required B Calculate the net profit margin for each quarter. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Q4 Net Profit Margin % Q2 % C M Connect Saved 3-(chapter 1113) Mercedes, Co. has the following quarterly financial information. 5 M Connect th 3rd 2nd 1st Quarter Quarter Sales Revenue Cost of Goods Sold $913,800 $923,300 Quarter $921,600 Quarter $929,400 305,100 317,700 317,300 6:42 Operating Expenses 322,500 248,300 259,700 Interest Expense 257,900 262,000 3,900 3,900 Income Tax Expense 3,900 3,800 84,900 87,800 87,800 Average Number of Common Shares 90,300 Outstanding 796,030 791,064 792,670 806,000 Stock price when 04 EPS released $ 24 Required: a. Calculate the gross profit percentage for each quarter. b. Calculate the net profit margin for each quarter. c. Calculate the EPS for each quarter. d. Calculate the Price/Earnings ratio at the end of the year. Complete this question by entering your answers in the tabs below. Required Required Required Required B C D Calculate the EPS for each quarter. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Q4 Q3 02 Q1 EPS 0 M Connect Saved M Connect (chapter 11~13) Mercedes, Co. has the following quarterly financial information. 4th 3rd nd st Quarter Quarter Quarter Sales Revenue Cost of Goods Sold $913,800 $923,300 $921,600 Quarter $929,400 305,100 317,700 317,300 322,500 36 Operating Expenses 248,300 259,700 257,900 262,000 Interest Expense 3,900 3,900 3,900 3,800 Income Tax Expense 84,900 87,800 87,800 90,300 Average Number of Common Shares 796,030 791,064 Outstanding 792,670 806,000 Stock price when 04 EPS released $ 24 Required: a. Calculate the gross profit percentage for each quarter. b. Calculate the net profit margin for each quarter. c. Calculate the EPS for each quarter. d. Calculate the Price/Earnings ratio at the end of the year. Complete this question by entering your answers in the tabs below. Required Required Required Required A B C Calculate the Price/Earnings ratio at the end of the year. (Round your final answer to 2 decimal places.) P/E Ratio