TRIXY MAGIC, INC. Consolidated Statements of Earnings (in millions) Fiscal Years Ended on Fiscal 2018 % Sales Fiscal 2017 % Sales Fiscal 2016 % Sales 100.00 % Net sales Cost of sales $ 48,234 100.00 %...


Compute the component percentages for Trixy Magic’s income statement below.(Enter your answers as a percentage rounded to 2 decimal place (i.e. 0.1234 should be entered as 12.34). Enter all answers as positive values.)


TRIXY MAGIC, INC.<br>Consolidated Statements of Earnings<br>(in millions)<br>Fiscal Years Ended on<br>Fiscal 2018<br>% Sales<br>Fiscal 2017<br>% Sales<br>Fiscal 2016<br>% Sales<br>100.00 %<br>Net sales<br>Cost of sales<br>$<br>48,234<br>100.00 %<br>$<br>48,288<br>$<br>46,932<br>100.00<br>31,734<br>31,574<br>30,732<br>Gross margin<br>16,500<br>16,714<br>16,200<br>Expenses:<br>Selling, general, and administrative<br>11,085<br>10,518<br>9,758<br>Depreciation<br>1,555<br>1,370<br>1,165<br>Interest-net<br>288<br>210<br>160<br>Total expenses<br>Pre-tax earnings<br>Income tax provision<br>12,928<br>12,098<br>11,083<br>3,572<br>4,616<br>5,117<br>1,321<br>1,720<br>1,902<br>Net earnings<br>2,251<br>% $<br>2,896<br>%<br>$<br>3,215<br>

Extracted text: TRIXY MAGIC, INC. Consolidated Statements of Earnings (in millions) Fiscal Years Ended on Fiscal 2018 % Sales Fiscal 2017 % Sales Fiscal 2016 % Sales 100.00 % Net sales Cost of sales $ 48,234 100.00 % $ 48,288 $ 46,932 100.00 31,734 31,574 30,732 Gross margin 16,500 16,714 16,200 Expenses: Selling, general, and administrative 11,085 10,518 9,758 Depreciation 1,555 1,370 1,165 Interest-net 288 210 160 Total expenses Pre-tax earnings Income tax provision 12,928 12,098 11,083 3,572 4,616 5,117 1,321 1,720 1,902 Net earnings 2,251 % $ 2,896 % $ 3,215

Jun 10, 2022
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