Question
Maggies Skunk Removal Corp.s 2021 income statement listed net sales of $14.1 million, gross profit of $9.00 million, EBIT of $7.2 million, net income available
Maggies Skunk Removal Corp.s 2021 income statement listed net sales of $14.1 million, gross profit of $9.00 million, EBIT of $7.2 million, net income available to common stockholders of $4.8 million, and common stock dividends of $2.8 million. The 2021 year-end balance sheet listed total assets of $54.1 million and common stockholders' equity of $22.6 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.)
Pre
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