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What is the firm's current year net profit margin? What is the firm's net income for the current year? What is the firm's gross profit
What is the firm's current year net profit margin?
What is the firm's net income for the current year?
What is the firm's gross profit margin for the current year?
What is the firm's current year operating profit margin?
What is the entry for the current year's cost of goods sold on a common-sized income statement?
Category. Prioryear Currentyear Accounts payable 41,40045,000 Accounts receivable 115,200122,400 Accruals 16,20013,500 Additional paid in capital 200,000216,660 \begin{tabular}{lcc} \hline Cash & ??? & ??? \\ \hline Common Stock @ par value & 37,600 & 42,000 \\ \hline COGS & & \\ \hline Depreciation expense & 131,400 & 175,283.00 \\ \hline Interest expense & 21,600 & 22,449.00 \\ \hline Inventories & 16,200 & 16,756.00 \\ \hline Long-term debt & 111,800 & 115,200 \\ \hline Net fixed assets & 135,000 & 137,395.00 \\ \hline Notes payable & 378,900.00 & 399,600 \\ \hline \end{tabular} Operating expenses (excl. depr.) 50,40062,128.00 Retainedearnings122,400136,800 Sales 255,600335,980.00 Taxes 9,80018,689.00Step by Step Solution
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