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Comment on the profitability of the company. Support your answer with Ratio Analysis Income Statement - Horizontal Analysis: 2019 2018 2017 2016 2015 2014 Retail

Comment on the profitability of the company. Support your answer with Ratio Analysis

Income Statement - Horizontal Analysis:

2019

2018

2017

2016

2015

2014

Retail Sales

20 877.00

19 994.00

18 575.00

19 038.00

17 285.00

15 227.00

Variance

883.00

1 419.00

(463.00)

1 753.00

2 058.00

-

%

4%

8%

-2%

10%

14%

0%

Profit from Operations

3 938.00

2 732.00

3 048.00

3 603.00

3 076.00

2 537.00

Variance

1 206.00

(316.00)

(555.00)

527.00

539.00

-

%

44%

-10%

-15%

17%

21%

0%

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