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Business, 07.09.2021 04:40 kekeke68

Mercedes, Co. has the following quarterly financial information. 4th Quarter 3rd Quarter 2nd Quarter 1st Quarter Sales Revenue $ 909,800 $ 919,300 $ 917,600 $ 925,400 Cost of Goods Sold 304,900 317,500 317,100 322,300 Operating Expenses 248,100 259,500 257,700 261,800 Interest Expense 3,800 3,800 3,800 3,700 Income Tax Expense 84,700 87,600 87,600 90,100 Average Number of Common Shares Outstanding 795,030 790,064 791,670 805,000 Stock price when Q4 EPS released $ 24 Required: Calculate the gross profit percentage for each quarter. Calculate the net profit margin for each quarter. Calculate the EPS for each quarter. Calculate the Price/Earnings ratio at the end of the year.

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Mercedes, Co. has the following quarterly financial information. 4th Quarter 3rd Quarter 2nd Quarter...
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