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Calculate the company's gross profit, operating profit and net profit margins for 2015 & 2014 base on the data below: 2015 2014 Sales 1,200 1,000
Calculate the company's gross profit, operating profit and net profit margins for 2015 & 2014 base on the data below:
| 2015 | 2014 | |||
| Sales | 1,200 | 1,000 | ||
| COGS | 850 | 700 | ||
| Operating expenses | 200 | 200 | ||
| Income taxes | 30 | 35 | ||
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1gross profit To calculate the gross profit we need to subtract the cost of goods sold COGS from sal...
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur J. Keown, John H. Martin
13th edition
134417216, 978-0134417509, 013441750X, 978-0134417219
