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Based off the below financials... is this company healthy? What can this financial information tell us about what they need to budget? 2020 2019 2018
Based off the below financials... is this company healthy? What can this financial information tell us about what they need to budget?
2020 2019 2018 S in thousands) ( Consolidated Statements of Operations Net sales Costs of goods sold $ S $ 7,146.264 5,325,457 1.820,807 4,846,743 3,702.683 1,144,060 3,532,837 2,818,032 714,805 1,397,969 513,302 969,890 426,896 Gross profit Operating expenses: Selling, general and administrative Advertising and marketing Total operating expenses Loss from operations Interest (expense) income, net Loss before income tax provision Income tax provision 589,507 393,064 982,571 1,396,786 (252.726) (267,766) 1,911,271 (90.464) (2,022) (92,486) 356 (124) (252,370) (267,890) Net loss S (92,486) S (252,370) $ (267,890) n'm-not meaningfulStep by Step Solution
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