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Analyze the financial performance of Procter & Gamble Co. using the income statements for the years ended June 30, 2022, and 2021. Procter & Gamble
Analyze the financial performance of Procter & Gamble Co. using the income statements for the years ended June 30, 2022, and 2021.
Procter & Gamble Co. | 2022 | 2021 |
Sales | $80,187 | $76,118 |
Cost of Goods Sold | $37,484 | $34,987 |
Gross Profit | $42,703 | $41,131 |
Operating Expenses | $24,905 | $23,764 |
Net Income | $18,828 | $16,361 |
Requirements:
- Calculate the gross profit margin for each year.
- Calculate the operating profit margin for each year.
- Compute the net profit margin for each year.
- Analyze the changes in Procter & Gamble Co.'s profitability from 2021 to 2022.
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