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Maggie's Skunk Removal Corp's 2018 income statement listed net sales of $12.9 million, gross profit of $7.60 million, EBIT of $6.0 million, net income available
Maggie's Skunk Removal Corp's 2018 income statement listed net sales of $12.9 million, gross profit of $7.60 million, EBIT of $6.0 million, net income available to common stockholders of $3.6 million, and common stock dividends of $1.6 million. The 2018 year-end balance sheet listed total assets of $52.9 million and common stockholders' equity of $21.4 million with 2.0 million shares outstanding. Calculate the gross profit margin. (Round your answer to 2 decimal places.) Gross profit margin % Calculate the operating profit margin. (Round your answer to 2 decimal places.) Operating profit margin % Calculate the profit margin. (Round your answer to 2 decimal places.) Profit margin 1% Calculate the basic earnings power. (Round your answer to 2 decimal places.) Basic earnings power % Calculate the return on assets. (Round your answer to 2 decimal places.) Return on assets % Calculate the return on equity. (Round your answer to 2 decimal places.) Return on equity % Calculate the dividend payout. (Round your answer to 2 decimal places.) Dividend payout %
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