Question
please solve this as soon as possible Revenue (net sales) $75,478,221 Cost of sales $52,227,004 Gross margin $23,251,217 Research & development expenses $2,158,677 Selling, general,
please solve this as soon as possible
Revenue (net sales) $75,478,221
Cost of sales $52,227,004
Gross margin $23,251,217
Research & development expenses $2,158,677
Selling, general, and admin expenses $8,726,696
Operating income $12,365,844
Interest expense $363,000
Interest and dividend revenue $43,533
Royalty revenue $420,010
Income before income tax $ Taxes $4,986,555
Net income $
The average total assets is $36,236,065 calculate the following ratios
1- ROI
2- Assets turnover
3- Net margin
4- What is the percentage of COST OF GOODS SOLD, OPERATING INCOME, AND THE NET INCOME from the net sales
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