Mercedes, Co. has the following quarterly financial information. 4th Quarter 3rd Quarter 2nd Quarter 1st Quarter Sales revenue $ 925,800 $ 935,300 $ 933,600 $ 941,400 Cost of goods sold 305,700 318,300 317,900 323,100 Operating expenses 248,900 260,300 258,500 262,600 Interest expense 4,200 4,200 4,200 4,100 Income tax expense 85,500 88,400 88,400 90,900 Average number of common shares outstanding 799,030 794,064 795,670 809,000 Stock price when Q4 EPS released $ 24 Calculate the gross profit percentage for each quarter. (Do not round your intermediate calculations and round your final answer to 2 decimal places.) b. Calculate the net profit margin for each quarter. (Do not round your intermediate calculations and round your final answer to 2 decimal places.) c. Calculate the EPS for each quarter. (Do not round your intermediate calculations and round your final answer to 2 decimal places.) d. Calculate the Price/Earnings ratio at the end of the year. (Do not round your intermediate calculations and round your final answer to 2 decimal places.)