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The following financial statement information for Scout Inc. is available: 2011 Sales $5,8000 COGS $3,700 Operating Expenses $1,200 Income taxes $135 The following information relates
The following financial statement information for Scout Inc. is available:
2011
Sales $5,8000
COGS $3,700
Operating Expenses $1,200
Income taxes $135
The following information relates to the firm's common stock for the same period:
2011
Shares Outstanding 1,000
Market Vale per Share at Year-end $12.50
Compute each of the following:
a) Gross-profit percentage
b) Return on sales
c) Price-earnings ratio
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