Tigger Corp

question 96

Multiple Choice

Tigger Corp. has reported the financial results for the year-ended 2006. Based on the information given, calculate the firm's gross profit margin and operating profit margin. Round your final answers to one decimal place. Net sales = $4,156,700
Net income = $778,321
Cost of goods sold = $2,715,334
EBIT = $1,356,098

• A) 34.7%; 32.6%
• B) 32.6%; 18.7%
• C) 34.7%; 18.7%
• D) None of the above.

---

Definitions:

Pro Forma Statements

are financial reports that companies use to project future financial performance based on past and current financial conditions.

Asset Structure

The composition of a company's fixed assets and current assets, which shows how the company's resources are invested in different types of assets.

Financial Plan

A detailed strategy outlining an individual's or organization's financial goals and the means and timeline for achieving them.

Pro Forma Sales Forecasts

Pro forma sales forecasts are projected financial statements showing expected sales revenue, often used for planning and investment assessment.