Maggie’s Skunk Removal Corp.’s 2018 income statement listed net sales of $14.1 million, gross profit of $9.00 million, EBIT of $7.2 million, net income available to common stockholders of $4.8 million, and common stock dividends of $2.8 million. The 2018 year-end balance sheet listed total assets of $54.1 million and common stockholders' equity of $22.6 million with 2.0 million shares outstanding.
Calculate the gross profit margin. (Round your answer to 2 decimal places.)
Calculate the operating profit margin. (Round your answer to 2 decimal places.)
Calculate the profit margin. (Round your answer to 2 decimal places.)
Calculate the basic earnings power. (Round your answer to 2 decimal places.)
Calculate the return on assets. (Round your answer to 2 decimal places.)
Calculate the return on equity. (Round your answer to 2 decimal places.)
Calculate the dividend payout. (Round your answer to 2 decimal places.)

The answer is shown below:

Explanation:

The computations are shown below:

1. Gross Profit margin in percentage is

= Gross profit ÷ Net sales × 100

= $9 million ÷  $14.1 million

= 63.83%

2. Net Profit margin percentage

= Net income available to common stockholders  ÷ Net sales × 100

= $4.8 million ÷ $14.1 million

= 34.04%

3. Operating Profit margin percentage is

= EBIT ÷ Net sales × 100

= $7.2 million ÷ $14.1 million

= 51.06%

Basic Earning Power in percentage

= EBIT ÷ Total Assets

= $7.2 million ÷ $54.1 million

= 13.31%

Return on assets is

= Net Income ÷ Average Assets

= $4.8 million ÷ $54.1 million

= 8.87%

Return on Equity is

= Net income ÷ common stockholders' equity

= $4.8 million ÷ $22.6 million

= 21.24%

And,

Dividend Payout ratio  is

= common stock dividends ÷ net income available to common stockholders

= $2.8 million ÷  $4.8 million

= 58.33%      

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

answer; because many corporate watch groups will discover and publicize unethical behavior by suppliers, link it to the american company, and harm its reputation;