Maggie’s Skunk Removal Corp.’s 2015 income statement listed net sales

jagguarpaw January 17, 2017 0 Comments

Question: Maggie’s Skunk Removal Corp.’s 2015 income sta…

 

Maggie’s Skunk Removal Corp.’s 2015 income statement listed net sales of $12.5 million, gross profit of $6.90 million, EBIT of $5.6 million, net income available to common stockholders of $3.2 million, and common stock dividends of $1.2 million. The 2015 year-end balance sheet listed total assets of $52.5 million and common stockholders’ equity of $21.0 million with 2.0 million shares outstanding.

Calculate the profit margin. (Round your answer to 2 decimal places.)

 

Profit margin %

 

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 %