Net sales revenue Expenses Interest Income tax expense Net cash from operations Assets end of current year Liabilities end of current year |Stockholders' equity end of current year Assets end of previous year Stockholders' equity end of previous year Common stock outstanding Current market price of stock $900,000 $500,000 $10,000 $90,000 $290,000 $600,000 $100,000 $500,000 $590,000 $490,000 40,000 shares $15 per share Calculate the net profit margin for the current year. Multiple Choice 0 43.33% 0 44.45% 44.45% o 32.22% 32.22% 33.33% TB 13-106 The analysis The analysis of a firm's profitability includes all of the following except, points Multiple Choice eBook 0 Receivables turnover. References 0 Return on equity 0 Price/Earnings ratio. 0 Fixed asset turnover. TB 13-109 To arrive at comprehensive income, additiona... To arrive at comprehensive income, additional items are included points Multiple Choice eBook after the calculation of net income on the income statement. References before the calculation of net income, but categorized as separate line items. C) before the calculation of net income, and categorized within current line items. as described in the rules governing ASPE. Net sales revenue Expenses Interest Income tax expense Net cash from operations Fixed Assets end of current year Liabilities end of current year Stockholders' equity end of current year Fixed Assets end of previous year Stockholders' equity end of previous year Common stock outstanding Current market price of stock points $900,000 $500,000 $10.000 $90,000 $290,000 $600,000 $100,000 $500,000 $590,000 $490,000 40,000 shares $15 per sharel eBook References Calculate the company's fixed asset turnover ratio for the current year. Multiple Choice O ) 0.50 O O O TB 13-72 An increase in gross profit percentage indic... An increase in gross profit percentage indicates that: points Multiple Choice eBook cost of goods sold as a percentage of sales has increased. References cost of goods sold as a percentage of sales has decreased. operating expenses as a percentage of sales have increased. operating expenses as a percentage of sales have decreased