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Please be careful! Because I have to pay for this service, I WILL downvote you AND report your profile to Chegg management if you give me the wrong answer. DO NOT try to answer unless you know what you're doing. I will upvote and leave positive comments for correct answers only.
A.) What is the firm's current year's net profit margin?
B.) What is the firm's net income for the current year?
C.) What is the firm's current-year operating profit margin?
D.) What is the firm's current-year gross profit margin?
Category Prior Year Current Year Accounts payable ??? ??? Accounts receivable 320,715 397,400 Accruals 40,500 33,750 Additional paid in capital 500,000 541,650 Cash 17,500 47,500 Common Stock 94,000 105,000 COGS 328,500 431,607.00 Current portion long-term debt 33,750 35,000 Depreciation expense 54,000 55,326.00 Interest expense 40,500 41,665.00 Inventories 279,000 288,000 Long-term debt 336,859.00 399,606.00 Net fixed assets 946,535 999,000 Notes payable 148,500 162,000 Operating expenses (excl. depr.) 126,000 162,388.00 Retained earnings 306,000 342,000 Category Prior Year Current Year Accounts payable ??? ??? Accounts receivable 320,715 397,400 Accruals 40,500 33,750 Additional paid in capital 500,000 541,650 Cash 17,500 47,500 Common Stock 94,000 105,000 COGS 328,500 431,607.00 Current portion long-term debt 33,750 35,000 Depreciation expense 54,000 55,326.00 Interest expense 40,500 41,665.00 Inventories 279,000 288,000 Long-term debt 336,859.00 399,606.00 Net fixed assets 946,535 999,000 Notes payable 148,500 162,000 Operating expenses (excl. depr.) 126,000 162,388.00 Retained earnings 306,000 342,000
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