Question
Maggies Skunk Removal Corporations income statement listed net sales of $13.8 million, gross profit of $8.70 million, EBIT of $6.9 million, net income available to
Maggies Skunk Removal Corporations income statement listed net sales of $13.8 million, gross profit of $8.70 million, EBIT of $6.9 million, net income available to common stockholders of $4.5 million, and common stock dividends of $2.5 million. The year-end balance sheet listed total assets of $53.8 million and common stockholders' equity of $22.3 million with 2.0 million shares outstanding.
Calculate the gross profit margin.%
Calculate the operating profit margin.%
Calculate the profit margin.%
Calculate the basic earnings power.%
Calculate the return on assets.%
Calculate the return on equity.%
Calculate the dividend payout. %
Note: Round your answers to 2 decimal places.
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