Category— Prior year—Current year Accounts payable —41,400, 45,000 Accounts receivable– 115,200 , 122,400 Accruals 16,200 , 13,500
Additional paid in capital 200,000, 216,660
Cash ???, ???
Common Stock @ par value 37,600, 42,000
COGS 131,400 , 172,450.00
Depreciation expense 21,600, 22,829.00 Interest expense 16,200, 16,232.00 Inventories 111,600 , 115,200
Long-term debt 135,000 ,137,828.00
Net fixed assets 379,297.00 , 399,600 Notes payable 59,400 , 64,800 Depreciation expense 21,600 , 22,829.00 Interest expense 16.200 , 16,232.00 Inventories 111,600 , 115,200
Long-term debt 135,000 137,828.00 Net fixed assets 379,297.00 399,600
Notes payable 59,400 , 64,800
50,400 64,381.00
Operating expenses (excl. depr.) Retained earnings 122,400 , 136,800 Sales 255,600 , 337,643.00
Taxes 9,900, 18,562.00
What is the firm’s current year net profit margin? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
