Using the attached balance sheet, determine the profit margin for the company. P

Question

Using the attached balance sheet, determine the profit margin for the company. Please calculate the profit margin for each year listed. (Left to Right the years are: 2015, 2014, 2013)

P&L Below:

ssets Current Assets 7,281,000 Cash And Cash Equivalents Short Term Investments Net Receivables Inventory Other Current Assets 9,135,000 7,781,000 6,778,000 45,141,000 2,224,000 63,278,000 44,858,000 2,369,000 61,185,000 6,768,000 43,803,000 1,588,000 59,940,000 Total Current Assets Long Term Investments Property Plant and Equipment Goodwill Intangible Assets Accumulated Amortization 116,655,000 18,102,000 117,907,000 19,510,000 116,681,000 20,497,000 5,671,000 6,149,000 5,987,000 Deferred Long Term Asset Charges Total Assets 203,706,000 204,751,000 203,105,000 Current Liabilities Accounts Payable Short/Current Long Term Debt Other Current Liabilities 58,583,000 6,689,000 57,174,000 12,082,000 89,000 69,345,000 44,559,000 59,099,000 12,719,000 Total Current Liabilities Long Term Debt Other Liabilities Deferred Long Term Liability Charges Minority Interest Negative Goodwill Total Liabilities 71,818,000 41,417,000 43,692,000 8,805,000 4,543,000 8,017,000 5,084,000 7,613,000 5,395,000 122,312,000 127,005,000 126,243,000 Stockholders' Equity Misc Stocks Options Warrants Redeemable Preferred Stock Preferred Stock Common Stock Retained Earnings Treasury Stock Capital Surplus Other Stockholder Equity Total Stockholder Equity Net Tangible Assets 1,491,000 519,000 323,000 85,777,000 323,000 76,566,000 332,000 72,978,000 3,620,000 2,462,000 (7,168,000) 81,394,000 63,292,000 2,362,000 (2,996,000) 76,255,000 56,745,000 (587,000) 76,343,000 55,846,000

Explanation / Answer

Profit margin = net income/total revenue

For year 2016 : 14694000/482130000 = 0.030477

For year 2015 : 16363000/485651000 = 0.033693

For year 2014 : 16022000/476294000 = 0.033639

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