Calculate the gross margin percentage-working capital ratio

Assignment Help Financial Accounting

Reference no: EM13747731

Account : Dollars

Cash:10

Account Receivable:25

Iventory:15

PP&E:50

Accounts Payable:10

Taxes Payable:10

Wages Payable:15

Long-Term Note Payable:20

Common Stock:10

Additional Paid-in-capital:10

Retained Earnings:0

Sales:100

Cost of Goods Sold:40

Selling Expenses:15

Administrative Expenses:5

Tax Expense:15

Questions (Calculate)

1. Prepare Multi-Step income statement

2. Earnings Per Share

3. Gross margin percentage

4. Operating margin percentage

5. Working Capital dollars

6. Working Capital Ratio

7. Return on sales

8. Asset turnover

9. Return on assets

Reference no: EM13747731

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