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Mercedes, Co. has the following quarterly financial information. 4 th Quarter 3 rd Quarter 2 nd Quarter 1 st Quarter Sales Revenue $ 905,800 $
Mercedes, Co. has the following quarterly financial information.
4th Quarter | 3rd Quarter | 2nd Quarter | 1st Quarter | |||||||||
Sales Revenue | $ | 905,800 | $ | 915,300 | $ | 913,600 | $ | 921,400 | ||||
Cost of Goods Sold | 304,700 | 317,300 | 316,900 | 322,100 | ||||||||
Operating Expenses | 247,900 | 259,300 | 257,500 | 261,600 | ||||||||
Interest Expense | 3,700 | 3,700 | 3,700 | 3,600 | ||||||||
Income Tax Expense | 84,500 | 87,400 | 87,400 | 89,900 | ||||||||
Average Number of Common Shares Outstanding | 794,030 | 789,064 | 790,670 | 804,000 | ||||||||
Stock price when Q4 EPS released | $ | 24 | ||||||||||
Required:
- Calculate the gross profit percentage for each quarter.
- Calculate the net profit margin for each quarter.
- Calculate the EPS for each quarter.
- Calculate the Price/Earnings ratio at the end of the year.
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