2 3 Profit Margins Product A Current Year Prior Year Cost Per Item Price Per Item Quantity Sold 7.37 15.89 308 7.20 16.45 297 Product B Current Year Prior Year Cost Per Item Price Per Item Quantity Sold 18.31 19.39 318 18.68 19.80 327 Product C Cost Per Item Price Per Item Quantity Sold Current Year 28.65 38.12 350 Prior Year 27.91 37.28 361 Please compute the GPM for each product for each year. 1 What was the average GPM for the current year? 2 Which product had the most extreme change in GPM? A Between 10.00% and 27.00% Hint: definfe "most extreme change" as the absolute value of B Between 27.00% and 33.0096 [(Current GPM - Prior GPM) / Prior GPM). C Between 33.00% and 38.00% A Product A D Between 38.00% and 50.00% B Product B C Product C DNA