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Common - size and trend percentages for a company s net sales, cost of goods sold, and expenses follow: Common - Size Percentages Trend Percentages
Commonsize and trend percentages for a companys net sales, cost of goods sold, and expenses follow:
CommonSize Percentages Trend Percentages
Net sales
Cost of goods sold
Expenses
Required:
a Calculate the profit percentage for and Round the final answers to decimal places.
b Determine whether the companys profit increased, decreased, or remained unchanged during this threeyear period.
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