The Everest Sweater Company reports the following items in its financial statements for 2000 and 2001. 2000

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The Everest Sweater Company reports the following items in its financial statements for 2000 and 2001.

2000 2001 ee Bs ek Sales $67,000 $73,000 Sales returns 2,000 3,000 Property, plant, and equipment 26,000 32,000 Accumulated depreciation 7,000 10,000 Required: Compute the net revenues to net property, plant, and equipment ratio for 2000 and 2001. Evaluate your results.

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