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Mercedes, Co. has the following quarterly financial information. 4th Quarter 3rd Quarter 2nd Quarter 1st Quarter Sales revenue $915,800 $925,300 $923,600 $931,400 Cost of goods
Mercedes, Co. has the following quarterly financial information. 4th Quarter 3rd Quarter 2nd Quarter 1st Quarter Sales revenue $915,800 $925,300 $923,600 $931,400 Cost of goods sold 305,200 317,800 317,400 322,600 Operating expenses 248,400 259,800 258,000 262,100 Interest expense 3,950 3,950 3,950 3,850 Income tax expense 85,000 87,900 87,900 90,400 Average number of common shares outstanding 796,530 791,564 793.170 806.500 Stock price when Q4 EPS released $ 24 a. Calculate the gross profit percentage for each quarter. (Do not round your intermediate calculations and round your final answer to 2 decimal places.) Q4 Q3 Q2 Q1 Gross Profit Percentage % b. Calculate the net profit margin for each quarter. (Do not round your intermediate calculations and round your final answer to 2 decimal places.) Q4 Q3 Q2 Q1 Net Profit Margin % % % % % c. Calculate the EPS for each quarter. (Do not round your intermediate calculations and round your final answer to 2 decimal places.) Q4 Q3 Q2 Q1 EPS
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