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answer asap please TO to 1 . The Net Profit ratio for 2017 is . . For every 1 dollar of the company has earned
answer asap please
TO to 1 . The Net Profit ratio for 2017 is . . For every 1 dollar of the company has earned cents of Net Profit in 2017 The Net Profit ratio for 2018 is to 1 For every 1 dollar of the company has earned cents of Net Profit in 2018 After completing Horizontal Analysis it can be determined that the Net Profit ratio-increased or decreased? by percent . Was management effective or ineffective at controlling overall costs? Please only type either effective or ineffective. - MY RESTAURANT INC6 CONSOLIDATED STATEMENTS OF OPERATIONS Fiscal Year (In thousands, except per share data) 2018 2017 Labor expenses Revenues $ 9,382,712 $ 8,976,344 Costs and expenses: Cost of sales $ 3,237,036 $ 3,231,484 $ 2,345,678 $ 1,974,796 Other operating costs and expenses $ 844,444 $ 897,634 General and administrative expenses $ 656,790 $ 538,581 Depreciation and amortization expenses $ 375,308$ 359,054 Preopening costs $ 459,753 $ 448,817 Total costs and expenses Income from operations $ (32,393) $ (39,888) Interest Income $ 34,098 $ 35,948 Other (expense)/income, net $ (18,902) $ (15,556) Income before laxes Income tax provision $ 433,952$ 451,945 Interest expense Net income REQUIRED: Based on the information provided, fill in the blanks. To complete your answers please follow the instructions: Round up or down to keep two decimals accordingly. i.e. 1.234 would be rounded to 1.23 whereas 1.235 would be rounded to 1.24 Use a period to determine decimals. i.e. 1.23 Please do not use dollar signs $ or percentage signs %. Please record the numbers with only a decimal place, do not place a comma, distinguishing the thousands. i.e. To record $1,000 type 1000 not 1,000 i.e. To record $100,000 type 100000 not 100,000 Use only lower-case letters if typing a word, do not use UPPER-CASE letters Step by Step Solution
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