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please see below all the Qs for the assignment (materials attached)(need reference) :
Q1. XZY has net sales of 5,320,140; net income of 2,145,700; cost of goods sold 1,300,000; and EBIT 2,200,000. Calculate the gross profit and the operating profit margin for the firm. (Show your calculations) (1 Mark)- Ch 4
Q2. Prepare a common sized Balance Sheet for the below Balance sheet? (Show your calculations) (1 Mark)- Ch 4
Cash
21,000
Acct/Rec
52,000
Inventories
200,500
Current assets
273,500
Net fixed assets
132,000
Total assets
405,500
Accts/Pay
22,800
Accrued expenses
21,000
Short-term N/P
8,700
Current liabilities
52,500
Long-term debt
150,000
Total liabilities
202,500
Owner’s equity
203,000
Total liabilities and owners’ equity
405,500
Q3. ABC company generated total sales of $32,565,420 during fiscal 2021. Depreciation and amortization for the year totaled $1,278,120, and cost of goods sold was $21,400,000. Interest expense for the year was $6,341,250 and selling, general, and administrative expenses totaled $2,556,610 for the year. If the company’s tax rate was average 30 percent, what is its net income after taxes? (Show your calculations) (1 Mark)- Ch 3
Q4. BBB company had cash and marketable securities worth $400,134 accounts payables worth $2,490,357, inventory of $1,321,500, accounts receivables of $2,188,128, short-term notes payable worth $120,000, other current liabilities of 200,000, and other current assets of $521,800. What is the company’s net working capital? (Show your calculations) (1 Mark)-Ch 3
Q5. In your own words, explain the difference between Brokers and Dealers? (Show your calculations) (1 Mark)-Ch 2
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