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Mercedes, Co. has the following quarterly financial information. rd 2nd Sales Revenue Cost of Goods Sold Operating Expenses Interest Expense Income Tax Expense Average Number
Mercedes, Co. has the following quarterly financial information. rd 2nd Sales Revenue Cost of Goods Sold Operating Expenses Interest Expense Income Tax Expense Average Number of Common Shares Outstanding Stock price when Q4 EPS released th 4 Quarter $907,800 304,800 248,000 3,750 84,600 794,530 $ 24 Quarter $917,300 317,400 259,400 3,750 87,500 789,564 Quarter $915,600 317,000 257,600 3,750 87,500 791,170 1st Quarter $923,400 322, 200 261,700 3,650 90,000 804,500 Required: a. Calculate the gross profit percentage for each quarter. b. Calculate the net profit margin for each quarter. c. Calculate the EPS for each quarter. d. Calculate the Price/Earnings ratio at the end of the year. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Calculate the gross profit percentage for each quarter. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Q4 Q3 Q2 Q1 Gross Profit Percentage % % % %
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