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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 for 2021, 2022
Common-size and trend percentages for a company's net sales, cost of goods sold, and expenses follow: Required: a. Calculate the profit percentage for 2021, 2022 and 2023. (Round the final answers to 2 decimal places. b. Determine whether the company's profit increased, decreased, or remained unchanged during this three-year period
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