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1 - a . What is the gross profit percentage for 2 0 X 0 and 2 0 X 1 ? 1 - b .

1-a. What is the gross profit percentage for 20X0 and 20X1?
1-b. Based on this performance trend, is it likely that Lawler Incorporated will earn more gross profit from each dollar of sales in 20X2?
2-a. What is the net profit margin for 20X0 and 20X1?
2-b. Did Lawler do a better or worse job of controlling operating expenses in 20X1 relative to 20X0?
3-a. What is the fixed asset turnover ratio for 20X0 and 20X1?
3-b. Did the company better utilize its investment in fixed assets to generate revenues in 20X0 or 20X1?
4-a. Lawler has not issued preferred stock. What is the return on equity ratio for 20X0 and 20X1?
4-b. Did the company generate better returns for common stockholders in 20X0 or 20X1?

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