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Common - size and trend percentages for a company's net sales, cost of goods sold, and expenses follow: Required: a . Calculate the profit percentage
Commonsize and trend percentages for a company's net sales, cost of goods sold, and expenses follow:
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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