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3. Trisha's Tackle Shop is an outdoor fishing store that sells lures and other fishing gear to the public. Last year Trisha had the best
3. Trisha's Tackle Shop is an outdoor fishing store that sells lures and other fishing gear to the public. Last year Trisha had the best year in sales she has ever had since she opened the business 10 years ago. In 2019, Trisha's net sales were $1,000,000 and her net income was $100,000. Contrast to 2018 numbers of $800,000 of net sales and $200,000 of net income. Use the above information to answer a - C. a. Compare both years performance using the profit margin. b What would be some factors for the improvement of the profit margin in the above scenario? c. If you were the manager of this business, what strategies you can take to achieve higher profit margin in the following year
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