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RVX engages in the manufacturing, distribution and sales of automobiles. Using the income statement for RVX analyze their gross, operational and net profitability using the

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RVX engages in the manufacturing, distribution and sales of automobiles. Using the income statement for RVX analyze their gross, operational and net profitability using the three step approach, Show all your calculations. RVX Company Income statement Sales \begin{tabular}{|c|c|c|c|} \hline \multirow{3}{*}{\begin{tabular}{l} Cost of Coods Sold (COGS) incl. D\&A \\ COGS excluding D\&A \\ Depreciation \& Amortization Expense \end{tabular}} & \multicolumn{3}{|c|}{137.58132 .89128 .73} \\ \hline & & & \\ \hline & & & \\ \hline Gross Income & 8.31 & 8.45 & 8.72 \\ \hline SQ\&A Expense & 22.76 & 23.88 & 23.08 \\ \hline Research \& Development & 19.60 & 19.53 & 19.50 \\ \hline Other SG\&A & 8.20 & 8.00 & 7.30 \\ \hline Other Operating Expense & 11.40 & 11.53 & 12.20 \\ \hline BIT (Operating Income) & 0.00 & 0.00 & 0.00 \\ \hline \begin{tabular}{l} BIT (Operating Income) \\ Nonoperating Income - Net \end{tabular} & 3.15 & 4.36 & 3.58 \\ \hline \begin{tabular}{l} Nonoperating Income - Net \\ Interest Expense \end{tabular} & 2.41 & 5.35 & 3.32 \\ \hline Unusual Expense - Net & 1.24 & 1.35 & 1.26 \\ \hline & -0.02 & 0.20 & -1.16 \\ \hline Unrealized Valuation Gain/Loss & 0.02 & -0.20 & 1.16 \\ \hline Income Taxes & 4.35 & 8.15 & 6.80 \\ \hline \begin{tabular}{l} Income Taxes \\ onsolidated Net Income \end{tabular} & 0.65 & 0.52 & 2.19 \\ \hline & 3.70 & 7.63 & 4.61 \\ \hline \end{tabular} RVX engages in the manufacturing, distribution and sales of automobiles. Using the income statement for RVX analyze their gross, operational and net profitability using the three step approach, Show all your calculations. RVX Company Income statement Sales \begin{tabular}{|c|c|c|c|} \hline \multirow{3}{*}{\begin{tabular}{l} Cost of Coods Sold (COGS) incl. D\&A \\ COGS excluding D\&A \\ Depreciation \& Amortization Expense \end{tabular}} & \multicolumn{3}{|c|}{137.58132 .89128 .73} \\ \hline & & & \\ \hline & & & \\ \hline Gross Income & 8.31 & 8.45 & 8.72 \\ \hline SQ\&A Expense & 22.76 & 23.88 & 23.08 \\ \hline Research \& Development & 19.60 & 19.53 & 19.50 \\ \hline Other SG\&A & 8.20 & 8.00 & 7.30 \\ \hline Other Operating Expense & 11.40 & 11.53 & 12.20 \\ \hline BIT (Operating Income) & 0.00 & 0.00 & 0.00 \\ \hline \begin{tabular}{l} BIT (Operating Income) \\ Nonoperating Income - Net \end{tabular} & 3.15 & 4.36 & 3.58 \\ \hline \begin{tabular}{l} Nonoperating Income - Net \\ Interest Expense \end{tabular} & 2.41 & 5.35 & 3.32 \\ \hline Unusual Expense - Net & 1.24 & 1.35 & 1.26 \\ \hline & -0.02 & 0.20 & -1.16 \\ \hline Unrealized Valuation Gain/Loss & 0.02 & -0.20 & 1.16 \\ \hline Income Taxes & 4.35 & 8.15 & 6.80 \\ \hline \begin{tabular}{l} Income Taxes \\ onsolidated Net Income \end{tabular} & 0.65 & 0.52 & 2.19 \\ \hline & 3.70 & 7.63 & 4.61 \\ \hline \end{tabular}

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