business

1. CanCan is a public limited company that manufactures packaging for other businesses. It has been trading successfully for 25 years and the shareholders want to assess whether the business has continued to be successful over the last two years. The following is a summary of this company's accounts: a. Define 'Gross Profit'. b. Outline how two stakeholders could use these accounts. Stakeholder 1: Stakeholder 2: c. Do you think the business is more successful this year than last year? Justify your answer by calculating the profitability ratios for this year