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( 1 ) Prepare common - size income statements for the last three years for your company. You must include formulas in your Excel spreadsheet.

(1) Prepare common-size income statements for the last three years for your company. You must include formulas in your Excel spreadsheet.(2) Calculate the gross profit margin, operating profit margin, and net profit margin for the most recent year for your company. Compare these ratios to the ratios for the company's industry. You must include formulas in your Excel spreadsheet.(3) Prepare a brief (1-2 paragraph) analysis of the profit performance of your company. Focus on analyzing the data rather than just describing the amounts and whether they increased or decreased. An analysis involves relating the amounts on the statements, making comparisons, studying trends, drawing conclusions, and evaluating cause and effect.
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