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The income statement of Brown Corporation for the years 2022 and 2023 showed the following gross profit income statement of Brown Corporation for the years
The income statement of Brown Corporation for the years 2022 and 2023 showed the following gross profit
income statement of Brown Corporation for the years 2022 and 2023 showed the following gross profit. Net qales Cost of Goods Sold Gross Profit Operating Expenses 2023 2022 $137,100 $117,900 $86,373 ; $50,727 $201; 65 Income Before Income Tax Expense 62 Income Tax Expense Net Income Average Shareholders' Equity Average Total Assets $7,541 $22,621 $76,635 $41 ,265 21222 $20,043 $5,011 $1 5,032 $281,050 $270,940 $511,000 $437,000 Calculate the following ratios for Brown Corporation for 2023 Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. Gross Profit Margin = 37 Net Profit Margin Return on, Equity Asset Turnover Check
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