2014 2013 Lease expen se 55.00 55.00 Plant & Equipment 5,170.00 4,910.00 Long term debt 3,220.00 3,122.00 Common stock 1,550.00 1,300.00 Additional paid in capital 572.00 542.00 Accumulated...

Extracted text: 2014 2013 Lease expen se 55.00 55.00 Plant & Equipment 5,170.00 4,910.00 Long term debt 3,220.00 3,122.00 Common stock 1,550.00 1,300.00 Additional paid in capital 572.00 542.00 Accumulated depreciation 170.00 136.00 Land 350.00 270.00 Accounts Payable 380.00 300.00 Notes payable 44.00 25.00 Other current liabilities 242.00 211.00 Depreciation expense 34.00 30.00 Selling and G&A expenses 765.00 632.00 Sales 6,000.00 4,250.00 Cost of goods sold 3,300.00 2,550.00 Fixed expenses 100.00 100.00 130.00 110.00 Interest expense 121.00 80.00 Cash Accounts receivable 370.00 347.00 925.00 752.00 Inventory 758.00 723.00 Retained earnings 35% 35% Tax rate


Extracted text: 9- Operating profit margin for the year 2014 is: * O a) 21.9% O b) 28.18% O c) 26.93% O d) 19.48% O e) None of the above. 10- Inventory turnover ratio for 2014 is: O a) 22x O b) 3,57x O ©) 3.39x O d) 4.2x O e) None of the above