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