. The following calculations have been made using Metro Tech's income statement: Sales growth, current year Gross...
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. The following calculations have been made using Metro Tech's income statement: Sales growth, current year Gross profit margin, current year Gross profit margin, last year 20% 64% 52% Discuss all the reasons you can think of to explain the 12% change in gross profit margin. Which reasons would be considered a quality issue by an analyst?
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Related Book For
Understanding Financial Statements
ISBN: 9780131878563
8th Edition
Authors: Lyn M Fraser, Aileen Ormiston
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