The following information pertains to Tamarisk, Inc. Assume that all balance sheet amounts represent both...
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Accounting
The following information pertains to Tamarisk, Inc. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. $ 42000 36000 38000 Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant and equipment Total Assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity-common Total Liabilities and Stockholders' Equity 240000 $356000 $ 77000 72000 207000 $356000 Income Statement $85000 44000 Sales revenue Cost of goods sold Gross profit Operating expenses Net income 41000 23000 $ 18000 Number of shares of common stock Market price of common stock Dividends per share on common stock Cash provided by operations 19000 $22 8.1 $35000 What is the profit margin for this company? o13.2% o40.6% 0 16.5% 21.2%
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