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Mercedes, Co. has the following quarterly financial information. Sales Revenue Cost of Goods Sold Operating Expenses Interest Expense Income Tax Expense Average Number of Common
Mercedes, Co. has the following quarterly financial information. 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 4th Quarter $933,800 306,100 249, 300 4,400 85,900 801,030 $ 24 3rd Quarter 2nd Quarter $943,300 $941,600 318,700 318,300 260, 700 258,900 4,400 4,400 88,800 88,800 796,064 797,670 1st Quarter $949, 400 323,500 263,000 4,300 91,300 811,000 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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