Below Is The Statement Of Income For Pembina Enterprises Ltd For The Year Ended December 31 2022 Pembina Enterprises 1 (45.31 KiB) Viewed 48 times
Below Is The Statement Of Income For Pembina Enterprises Ltd For The Year Ended December 31 2022 Pembina Enterprises 2 (64.4 KiB) Viewed 48 times
Below is the statement of income for Pembina Enterprises Ltd. for the year ended December 31, 2022. PEMBINA ENTERPRISES LTD. Statement of Income Year Ended December 31 Sales $807,000 Cost of goods sold 564,900 Gross profit 242,100 Operating expenses 199,200 Income before income tax 42.900 Income tax expense 21,800 Net income $21,100
mation: 1. Total assets for 2022 and 2021 were $692,000 and $607,000, respectively. 2. Total equity for 2022 and 2021 was $497.000 and $447,000, respectively. 3. Preferred dividends of $11,000 were paid in 2022. Calculate the following ratios for 2022. (Round answers to 1 decimal place, eg. 5.2 or 5.2%.) (a) Profit margin % (b) Asset Turnover times (c) Return on Assets 96 (d) Return on Common Shareholders Equity 96 Gross profit margin %
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