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Are the ratios improving or worsening? Optional: How has the average tax rate changed? Less: Equal Less: Equals Particulars Net Sales Cost of Good Sold

  1. Are the ratios improving or worsening?
  2. Optional: How has the average tax rate changed?
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Less: Equal Less: Equals Particulars Net Sales Cost of Good Sold Gross Profit Taxes Total Profit 2013 $90,000 $63.000 $27.000 $15.000 $12,000 2013 100% 70% 30% 17% 13% 2014 $100,000 $66,000 S34,000 $17.000 $17,000 2014 100% 66% 3.4% 17% 17%

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