Problem 4.2 Procter & Gamble reported the following information for its fiscal y

Question

Problem 4.2 Procter & Gamble reported the following information for its fiscal year end: On net sales of $54.761 billion, the company earned net income after taxes of $7.179 billion. It had a cost of goods sold of $32.004 bili n and EBIT of S7.403 blion. What are the enpany's gress profit margn, operating profit marpr, and net prult marge? (Round ani n ro , dvi ulpdee, .gns%) Gross profit margin Operating profit margin Net profit margin Click ? you would like to show work for this question: OpenShorma

Explanation / Answer

Gross profit margin Gross profit/Net sales 41.6% =(54.761-32.004)/54.761 Operating profit margin EBIT/Net sales 13.5% =7.403/54.761 Net profit margin Net income/Net sales 13.1% =7.179/54.761

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