Reference no: EM132467170
Problem: Maggie's Skunk Removal Corp.'s 2018 income statement listed net sales of $13.9 million, gross profit of $9.20 million, EBIT of $7.0 million, net income available to common stockholders of $4.6 million, and common stock dividends of $2.6 million. The 2018 year-end balance sheet listed total assets of $53.9 million and common stockholders' equity of $22.4 million with 2.0 million shares outstanding.
Calculate the gross profit margin. (Round your answer to 2 decimal places.)
Gross profit margin _____ %
Calculate the operating profit margin. (Round your answer to 2 decimal places.)
Operating profit margin ______ %
Calculate the profit margin. (Round your answer to 2 decimal places.)
Profit margin ______ %
Calculate the basic earnings power. (Round your answer to 2 decimal places.)
Basic earnings power _____%
Calculate the return on assets. (Round your answer to 2 decimal places.)
Return on assets ________ %
Calculate the return on equity. (Round your answer to 2 decimal places.)
Return on equity ________%
Calculate the dividend payout. (Round your answer to 2 decimal places.)
Dividend payout ________%