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VI. The following income statement was reported for Bauer Inc. for the first year of operations ending December 31. 2015 reported (in thousands of dollars)
VI. The following income statement was reported for Bauer Inc. for the first year of operations ending December 31. 2015 reported (in thousands of dollars) $24,500 Sales revenue Expenses Cost of Sales Salaries and Wages Rent Utilities Miscellaneous Total Expenses Income before taxes Income tax expense Net income $12,100 5,300 900 500 600 19.400 5,100 1.785 S 3,315 A. Calculate net profit margin B. Calculate earnings per share if there are 200,000 shares of common stock outstanding
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