Question
Back 2 0 ts awarded Scored Common-size and trend percentages for a company's net sales, cost of goods sold, and expenses follow: This window shows
Back 2 0 ts awarded Scored Common-size and trend percentages for a company's net sales, cost of goods sold, and expenses follow: This window shows your responses and what was mark Common-Size Percentages 2023 100.0% 59.9 21.2 X 2022 100.0% 57.6 19.0 2021 100.0% 54.7 19.7 Required: a. Calculate the profit percentage for 2021, 2022 and 2023 (Round the final answers to 2 decimal places.) Trend Percentages 2022 106.5% 2023 108.0% 117.5 110.4 111.8 104.2 2021 100.0% b. Determine whether the company's profit increased, decreased, or remained unchanged during this three 100.0 100.0
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