Question 41 2 pts What is the operating profit margin % for Sam's Appliances for the year ending 2018? INCOME STATEMENT ENDING 12/31/2018 (in millions) Net Sales : $462 Cost of Goods Sold: $235 Gross Profit: $227 Operating Expenses: $181 EBIT: $ 46 Interest: $ 8 EBT: $ 38 Taxes : $ 10 Net Profit : $ 28 BALANCE SHEET ENDING 12/31/2018 (in millions) Current Assets : $111 Fixed Assets: $195 Total Assets: $306 Liabilities and Owner's Equity: Current Liabilities: $ 87 Total LTD: $ 70 Total Liabilities: $157 Owner's Equity (OE): $149 Total Liabilities and OE: $306 O 6.0% O 10.0% 0 20.6% O 12.4% Question 42 2 pts What is the gross margin % for Sam's Appliances for the year ending 2018? INCOME STATEMENT ENDING BALANCE SHEET ENDING 12/31/2018 (in 12/31/2018 (in millions) millions) Net Sales : $462 Current Assets : $111 Cost of Goods Sold: $235 Fixed Assets: $195 Gross Profit: $227 Total Assets: $306 Operating Expenses: $181 Liabilities and Owner's Equity: EBIT: $ 46 Current Liabilities: $ 87 Interest: $ 8 Total LTD: $ 70 EBT: $ 38 Total Liabilities: $157 Taxes : $ 10 the owner's Equity (OE): $149 Net Profit : $ 28 Total Liabilities and OE: $306 O 20.6% O 29.2% 49.2% 30.9%