The following income statement was reported for Bauer Inc. for the first year of operations ending December 31, 2016 reported (in thousands of dollars): Requirement:
A.Calculate gross profit percentage.
B.Calculate net profit margin.
C.Calculate earnings per share if there are 200,000 shares of common stock outstanding.

Question

The following income statement was reported for Bauer Inc. for the first year of operations ending December 31, 2016 reported (in thousands of dollars):  Requirement: 
A.Calculate gross profit percentage.
B.Calculate net profit margin.
C.Calculate earnings per share if there are 200,000 shares of common stock outstanding.

Quizplus · Accepted Answer

The Answer of The following income statement was reported for Bauer Inc. for the first year of operations ending December 31, 2016 reported (in thousands of dollars):  Requirement: 
A.Calculate gross profit percentage.
B.Calculate net profit margin.
C.Calculate earnings per share if there are 200,000 shares of common stock outstanding.

The Following Income Statement Was Reported for Bauer Inc