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You are given the following information for Smashville, Inc. Cost of goods sold: Investment income: Net sales: Operating expense: Interest expense: Dividends: Tax rate: Current
You are given the following information for Smashville, Inc. Cost of goods sold: Investment income: Net sales: Operating expense: Interest expense: Dividends: Tax rate: Current liabilities: Cash: Long-term debt: Other assets: Fixed assets: Other liabilities: Investments: Operating assets: $119,000 $2,300 Gross margin Operating margin Return on assets Return on equity $232,000 $40,000 $7,400 $11,000 21% $18,000 $21,000 $25,000 $39,000 $126,000 $5,000 $43,000 $45,000 Calculate the gross margin, the operating margin, return on assets, and return on equity. (Do not round intermediate calculation Enter your answers as a percent rounded to 2 decimal places.) % % % % You are given the following information for Smashville, Inc. Calculate the gross margin, the operating margin, retum on assets, and return on equity. (Do not round intermediate calculation Enter your answers as o percent rounded to 2 decimal places.)
You are given the following information for Smashville, Inc. Cost of goods sold: Investment income: Net sales: Operating expense: Interest expense: Dividends: Tax rate: Current liabilities: Cash: Long-term debt: Other assets: Fixed assets: Other liabilities: Investments: Operating assets: $119,000 $2,300 Gross margin Operating margin Return on assets Return on equity $232,000 $40,000 $7,400 $11,000 21% $18,000 $21,000 $25,000 $39,000 $126,000 $5,000 $43,000 $45,000 Calculate the gross margin, the operating margin, return on assets, and return on equity. (Do not round intermediate calculation Enter your answers as a percent rounded to 2 decimal places.) % % % %
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