Maggie’s Skunk Removal Corp.’s 2018 income statement listed net sales of $14.0 million, gross profit of $9.20 million, EBIT of $7.1 million, net income available to common stockholders of $4.7 million, and common stock dividends of $2.7 million. The 2018 year-end balance sheet listed total assets of $54.0 million and common stockholders' equity of $22.5 million with 2.0 million shares outstanding.
a. Calculate the gross profit margin. (Round your answer to 2 decimal places.)
b. Calculate the operating profit margin. (Round your answer to 2 decimal places.)
c. Calculate the profit margin. (Round your answer to 2 decimal places.)
d. Calculate the basic earnings power. (Round your answer to 2 decimal places.)
e. Calculate the return on assets. (Round your answer to 2 decimal places.)
f. Calculate the return on equity. (Round your answer to 2 decimal places.)
g. Calculate the dividend payout. (Round your answer to 2 decimal places.)
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Maggie’s Skunk Removal Corp.’s 2018 income statement listed net sales of $14.0 million, gross profit...
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