Question
Analyze the tendency over the last 3 years and compare with the average of the industry. Select the right formula, identify possible risk situation, and
- Analyze the tendency over the last 3 years and compare with the average of the industry. Select the right formula, identify possible risk situation, and offer some advice to improve the financial situation
Gross margin: 25.8%, 23.6%, and currently 19.2% Industry Average
Formula: ____________ 604,800 32.2% 3,150,900
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Gross Margin Revenue Cost of Goods Sold Revenue The gross margin for the company over the last ...
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
