As the appointed director of Shaz Pty Ltd, you have the following financial information for the year 2020 and 2021. Details 2020 2021 K'000 K'000 Sales 90,000 110,000 Less :cost of goods sold (50,000) (58,000) Gross profit 40,000 52,000 Less : expenses (31,000) (41,000) Net profit for the year 9,000 11,000 Required: Calculate Shaz Pty Ltd's net profit margin and gross profit margin for 2019 and 2020 Suppose Shaz Pty Ltd's net profit margin for 2020 and 2021 is the same but the gross profit margin is different. What does this suggest to the finance manager? Use percentage analysis to explain your

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To calculate Shaz Pty Ltds net profit margin and gross profit margin for the years 2020 and 2021 we ... View the full answer