2. Overhead (or Sales, General and Administrative Expense) problem.

1992 1993 1994

Gross Profit Margin 40% 39% 41%

Operating Margin (NOI/Sales) 15% 10% 5%

What is happening to S,G and A (or overhead expenses)? Please set up an illustration assuming sales of 1.00 dollar each year just as you did in problem number one. You need to show cost of goods and S,G and A (or overhead expenses) as pennies per dollar of sales.