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Dulaneys Stores has posted the following yearly earnings and expenses. Click the icon to view the yearly data. a. Dulaneys

Earnings and Expenses (Year Ending January 2012)  
Sales   $85,000,000
Cost of Goods Sold (COGS)   $70,000,000
Pretax Earnings   $8,585,000
Selected Balance Sheet Items  
Merchandise Inventory   $4,292,500
Total Assets   $9,000,000

business   accounting   
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Answer #1

Ca Current Profit Margin & Protax Earnings X 100 sales 8585000X100 85000000 10.1% Current ROA Pre-tux Earnings x 100 Total AsNew Poe tax Forningsi Pos tax Easminge lewerint) (t) cut in coas (1st of 7ooooood New Por tax Earnings 8585000 10500 $19.085.Here is the solution if any doubt please ask. Kindly rate me. Thankyou

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