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Mercedes, Co. has the following quarterly financial information rd Quarter 2nd Quarter 1st Quarter $937,400 322,900 262,400 Sales Revenue Cost of Goods Sold Operating Expenses
Mercedes, Co. has the following quarterly financial information rd Quarter 2nd Quarter 1st Quarter $937,400 322,900 262,400 Sales Revenue Cost of Goods Sold Operating Expenses Interest Expense Income Tax Expense Average Number of Common Shares Outstanding Stock price when 04 EPS released $921,800 305,500 248,700 4,100 85,300 798,030 24 $931,300 318,100 260,100 4,100 88,200 793,064 $929,600 317,700 258,300 4,100 88,200 794,670 4,000 90,700 808,000 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
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