111300 1.100 1.115.000 Cost of goods C 3000 0300 0.000 AO Shume me profit from S000 55.000 100 278.400 338 800 Accurate 5.000 Operating 1.000 70.200 30 74200 57.000 Merchandise 9.00 Opening Income 275.000 204.200 170.700 Prep PADO Worst 0.950 000 Neden 2018 Income before 000 1.000 20 100.00 105.260 145.000 TT 000 000 thomas 40100 47.800 5400 41300 Not income 219 150 150,400 1050 Ang 0.000 00 Sales payat 000 1.100 50 Property SE20 GUMO Lola 12.000 700 sha 100.000 carga 20 Tande 11102 on0 NO Compute the groen margin below and indicate whether the change from your to your favourite for your way that were analysis in very general. All should be accurate as to decimales Group The following financial statements are for Ludwig Inc. Inco Bar 2013 1,171,300 14200 1.173.400 2014 Cost of goods sold 825.300 383.500 874300 43000 DO Shortcm invest Gross profit from a 55 000 36,000 278.400 12.000 230.000 Operating expenses Accounts receivable 58.600 50 000 70.200 74,200 57.900 4200 Merchandise 2800 Operating income 1.000 275.000 204,200 170.00 Pregadas Interest expens 3700 3900 TADO 6950 8.000 5.450 Nos recibidus in 2016 6,000 9,000 Income before as 9.900 268.50 108,200 165,250 Property, plant and equipment, 145.000 127 000 113.000 income taxes 40.700 47100 58.400 Toll 411300 400.000 Not income 210.150 150/400 1050 Accounts payable 40.000 1300 2.600 Salsabile 4.000 3.TOO 3 500 Property taxes payable 51.250 43.790 OS Long-term not payable 63.000 72.000 70.000 Share capita 100.000 100.000 200.000 Rated caming 32050 72.850 43650 Totales and equity 11.300 100.000 414500 Compute the gross margin below, and indicate whether the change from year to year is favourable or unfavourable For your analysis, mume that other things canopy you analysis in very general terms. All values should be accurate to at least two decimal places Coolactone) Grans margin