Mercedes, Co. has the following quarterly financial information 2nd quarter 1st Quarter 4th Quarter 3rd...
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Mercedes, Co. has the following quarterly financial information 2nd quarter 1st Quarter 4th Quarter 3rd Quart $953,300 319,200 261,200 4,650 89,300 798,564 er Sales Revenue Cost of Goods Sold Operating Expenses Interest Expense Income Tax Expense Average Number of Common Shares Outstanding Stock price when 04 EPS released $943,800 306,600 249,800 4,650 86,400 803,530 24 $951,600 318,800 259,400 4,650 89,300 800,170 $959,400 324,000 263,500 4,550 91,800 813,500 Required: a. Calculate the gross profit percentage for each quarter b. Calculate the net profit margin for each quarter. c. Calculate the EPS for each quarter d. Calculate the Price/Earnings ratio at the end of the year
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