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Assume that you are the bookkeeper for AJ's Auto Supply and because you are in that position, you will create a MS Excel spreadsheet. The
Assume that you are the bookkeeper for AJ's Auto Supply and because you are in that position, you will create a MS Excel spreadsheet. The owners shared with you their plans to grow sales by 15% between 2016 and 2017 and has developed the following projections for 2017. Design a spreadsheet that: A. Includes all necessary titles to explain the items listed in items B and C. B. Contains formulas that calculate: 1. gross margin, operating expenses, and net margin for 2016 and 2017. 2. return on assets and return on equity for 2016 and 2017. C. Below your spreadsheet, type in a response to the question: Should AJ's Auto Supply grow? Be sure to base your response on something related to the information provided in Chapter 23. A Js Auto Supply Profit and Loss Statement Sales Activities Gross Profit Operating Expenses
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