Question
1.How can I determine following by using vertical analysis for 2018 and 2017: (1) Gross Profit Margin, (2) Net profit margin; using the last net
1.How can I determine following by using vertical analysis for 2018 and 2017: (1) Gross Profit Margin, (2) Net profit margin; using the last "net income" line on the statement (show calculations)
2.Are sales increasingly profitable?
3.How are gross profit and net income changing, as dollar values?
(Statement of Operations, Income and Stockholders Equity attached/below)
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Principles Of Financial Accounting
Authors: Belverd E Needles, Marian Powers
11th Edition
0538755164, 9780538755160
