Calculate the gross profit and the operating profit margin

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Reference no: EM133118505

Questions -

Q1. XZY has net sales of 5,320,140; net income of 2,145,700; cost of goods sold 1,300,000; and EBIT 2,200,000. Calculate the gross profit and the operating profit margin for the firm.

Q2. Prepare a common sized Balance Sheet for the below Balance sheet?

Cash 21,000

Acct/Rec 52,000

Inventories 200,500

Current assets 273,500

Net fixed assets 132,000

Total assets 405,500

Accts/Pay 22,800

Accrued expenses 21,000

Short-term N/P 8,700

Current liabilities 52,500

Long-term debt 150,000

Total liabilities 202,500

Owner's equity 203,000

Total liabilities and owners' equity 405,500

Q3. ABC Company generated total sales of $32,565,420 during fiscal 2021. Depreciation and amortization for the year totaled $1,278,120, and cost of goods sold was $21,400,000. Interest expense for the year was $6,341,250 and selling, general, and administrative expenses totaled $2,556,610 for the year. If the company's tax rate was average 30 percent, what is its net income after taxes?

Q4. BBB Company had cash and marketable securities worth $400,134 accounts payables worth $2,490,357, inventory of $1,321,500, accounts receivables of $2,188,128, short-term notes payable worth $120,000, other current liabilities of 200,000, and other current assets of $521,800. What is the company's net working capital?

Q5. In your own words, explain the difference between Brokers and Dealers?

Reference no: EM133118505

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