Question
Maggie's Skunk Removal Corp.'s 2018 income statement listed net sales of $14.4 million, gross profit of $9.40 million, EBIT of $7.5 million, net income available
Maggie's Skunk Removal Corp.'s 2018 income statement listed net sales of $14.4 million, gross profit of $9.40 million, EBIT of $7.5 million, net income available to common stockholders of $5.1 million, and common stock dividends of $3.1 million. The 2018 year-end balance sheet listed total assets of $54.4 million and common stockholders' equity of $22.9 million with 2.0 million shares outstanding.
Calculate the gross profit margin.(Round your answer to 2 decimal places.)
Calculate the operating profit margin.(Round your answer to 2 decimal places.)
Calculate the profit margin.(Round your answer to 2 decimal places.)
Calculate the basic earnings power.(Round your answer to 2 decimal places.)
Calculate the return on assets.(Round your answer to 2 decimal places.)
Calculate the return on equity.(Round your answer to 2 decimal places.)
Calculate the dividend payout.(Round your answer to 2 decimal places.)
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