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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 $ 911,800 $

Mercedes, Co. has the following quarterly financial information.

4^th Quarter 3^rd Quarter 2^nd Quarter 1^st Quarter

Sales revenue $ 911,800 $ 921,300 $ 919,600 $ 927,400

Cost of goods sold 305,000 317,600 317,200 322,400

Operating expenses 248,200 259,600 257,800 261,900

Interest expense 3,850 3,850 3,850 3,750

Income tax expense 84,800 87,700 87,700 90,200

Average number of common shares outstanding 795,530 790,564 792,170 805,500

Stock price when Q4 EPS released $ 24

Calculate the gross profit percentage for each quarter.

Calculate the net profit margin for each quarter.

Calculate the Price/Earnings ratio at the end of the year.

Calculate the EPS for each quarter.

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Previous Question Next Question

	4^th Quarter		3^rd Quarter		2^nd Quarter		1^st Quarter
Sales revenue	$	911,800	$	921,300	$	919,600	$	927,400
Cost of goods sold		305,000		317,600		317,200		322,400
Operating expenses		248,200		259,600		257,800		261,900
Interest expense		3,850		3,850		3,850		3,750
Income tax expense		84,800		87,700		87,700		90,200
Average number of common shares outstanding		795,530		790,564		792,170		805,500
Stock price when Q4 EPS released	$	24
Calculate the gross profit percentage for each quarter. Calculate the net profit margin for each quarter. Calculate the Price/Earnings ratio at the end of the year. Calculate the EPS for each quarter.