Maggie's Skunk Removal Corp's 2018 income statement listed net sales of $12.6 million, gross profit...
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Maggie's Skunk Removal Corp's 2018 income statement listed net sales of $12.6 million, gross profit of $710 million, EBIT of $5.7 million, net income available to common stockholders of $3.3 million, and common stock dividends of $1.3 million. The 2018 year-end balance sheet listed total assets of $526 million and common stockholders' equity of $21.1 million with 20 million shares outstanding Calculate the gross profit margin (Round your answer to 2 decimal places.) Calculate the return on assets. (Round your answer to 2 decimal places.) Return on assets 6.27% 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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