B. Discuss the Percent Change in Gross Profit for 2016 to 2017 compared to the Percent Change in Net sales from 2016 to 2017.

90 RED COMPANY Chapter 2 - Homework Forms Exercise 2-3 Percent Change from 2016 to 2017 Percent Change from 2015 to 2016 A. 1. Net sales 4.72 % ,05 % (2.40) op 2. Cost of sales 4.40 % 5.29% 3. Gross profit 4.62% .63 % 4. Selling, general, and admin. expenses 4.73% 15,90 % 5. Net earnings 12,73 % B. Discuss the Percent Change in Gross profit from 2016 to 2017 compared to the Percent Change in sales from 2016 to 2017