Question #1

Maggies Skunk Removal Corp.s 2021 income statement listed net sales of $12.8 million, gross profit of $7.60 million, EBIT of $5.9 million, net income available to common stockholders of $3.5 million, and common stock dividends of $1.5 million. The 2021 year-end balance sheet listed total assets of $52.8 million and common stockholders' equity of $21.3 million with 2.0 million shares outstanding.

Calculate the gross profit margin. (Round your answer to 2 decimal places.)

Calculate the operating profit margin. (Round your answer to 2 decimal places.)

Calculate the profit margin. (Round your answer to 2 decimal places.)

Calculate the basic earnings power. (Round your answer to 2 decimal places.)

Calculate the return on assets. (Round your answer to 2 decimal places.)

Calculate the return on equity. (Round your answer to 2 decimal places.)

Calculate the dividend payout. (Round your answer to 2 decimal places.)

Question #2

In 2021, Jakes Jamming Music, Inc., announced an ROA of 8.56 percent, ROE of 14.5 percent, and profit margin of 20.5 percent. The firm had total assets of $9.5 million at year-end 2021.

Calculate the 2021 value of net income available to common stockholders for Jakes Jamming Music, Inc. (Enter your answer in dollars. Round your answer to the nearest dollar.)

Calculate the 2021 common stockholders' equity for Jake's Jamming Music, Inc. (Enter your answer in dollars not in millions. Round your answer to the nearest dollar.)

Calculate the 2021 net sales for Jake's Jamming Music, Inc. (Enter your answer in dollars not in millions. Round your answer to the nearest dollar.)

Question #3

Maggies Skunk Removal Corp.s 2021 income statement listed net sales of $12.8 million, gross profit of $7.60 million, EBIT of $5.9 million, net income available to common stockholders of $3.5 million, and common stock dividends of $1.5 million. The 2021 year-end balance sheet listed total assets of $52.8 million and common stockholders' equity of $21.3 million with 2.0 million shares outstanding.

Calculate the gross profit margin. (Round your answer to 2 decimal places.)

Calculate the operating profit margin. (Round your answer to 2 decimal places.)

Calculate the profit margin. (Round your answer to 2 decimal places.)

Calculate the basic earnings power. (Round your answer to 2 decimal places.)

Calculate the return on assets. (Round your answer to 2 decimal places.)

Calculate the return on equity. (Round your answer to 2 decimal places.)

Calculate the dividend payout. (Round your answer to 2 decimal places.)