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Question - Maggie's Skunk Removal Corp.'s 2018 income statement listed net sales of $14.3 million, gross profit of $9.50 million, EBIT of $7.4 million, net income available to common stockholders of $5.0 million, and common stock dividends of $3.0 million. The 2018 year-end balance sheet listed total assets of $54.3 million and common stockholders' equity of $22.8 million with 2.0 million shares outstanding.
What is the gross profit margin?
What is operating profit margin?
Calculate profit margin?
Calculate Basic earning power?
What rate of return is required to meet his goal? Ahmed just turned 22 and wants to have $10,283 saved in 8 years, by his 30th birthday.
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