Mercedes, Co. has the following quarterly financial information.

	4th Quarter			3rd Quarter			2nd Quarter			1st Quarter
Sales Revenue	$	903,800		$	913,300		$	911,600		$	919,400
Cost of Goods Sold		304,600			317,200			316,800			322,000
Operating Expenses		247,800			259,200			257,400			261,500
Interest Expense		3,650			3,650			3,650			3,550
Income Tax Expense		84,400			87,300			87,300			89,800
Average Number of Common Shares Outstanding		793,530			788,564			790,170			803,500
Stock price when Q4 EPS released	$	24

Required:

1. Calculate the gross profit percentage for each quarter.
2. Calculate the net profit margin for each quarter.
3. Calculate the EPS for each quarter.
4. Calculate the Price/Earnings ratio at the end of the year.