RATIO ANALYSIS The following information pertains to Cobb Corporations financial results for the past year. Net sales
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RATIO ANALYSIS The following information pertains to Cobb Corporation’s financial results for the past year.
Net sales $100,000 CGS 35,000 Other expenses 12,000 Net income 53,000 Required:
. Calculate Cobb’s gross profit ratio.
. Calculate Cobb’s net profit margin ratio.
Cornerstone Exercise
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Related Book For 
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
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