Essay
The following income statement was reported for Bauer Inc. for the first year of operations ending December 31, 2016 reported (in thousands of dollars): 
Requirement:
A.Calculate gross profit percentage.
B.Calculate net profit margin.
C.Calculate earnings per share if there are 200,000 shares of common stock outstanding.
Correct Answer:
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A. 40% (Sales $24,500,000) minus Cost of...View Answer
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Correct Answer:
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