In: Finance
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 |
178,880.00 |
Depreciation expense |
21,600 |
23,341.00 |
Interest expense |
16,200 |
16,489.00 |
Inventories |
111,600 |
115,200 |
Long-term debt |
135,000 |
139,816.00 |
Net fixed assets |
378,907.00 |
399,600 |
Notes payable |
59,400 |
64,800 |
Operating expenses (excl. depr.) |
50,400 |
64,589.00 |
Retained earnings |
122,400 |
136,800 |
Sales |
255,600 |
338,143.00 |
Taxes |
9,900 |
18,931.00 |
What is the firm's gross profit margin for the current year?