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Comparative Income Statement selecl baldrice srieel Accourils Required: 1-a. What is the gross profit percentage for 200 and 201 ? 1-b. Based on this performance
Comparative Income Statement selecl baldrice srieel Accourils Required: 1-a. What is the gross profit percentage for 200 and 201 ? 1-b. Based on this performance trend, is it likely that Lawler Incorporated will earn more gross profit from each dollar of sales in 202 ? 2-a. What is the net profit margin for 200 and 201 ? 2-b. Did Lawler do a better or worse job of controlling operating expenses in 201 relative to 200 ? 3-a. What is the fixed asset turnover ratio for 200 and 201 ? 3-b. Did the company better utilize its investment in fixed assets to generate revenues in 200 or 201 ? 4-a. Lawler has not issued preferred stock. What is the return on equity ratio for 200 and 201 ? 4-b. Did the company generate better returns for common stockholders in 200 or 201 ? Complete this question by entering your answers in the tabs below. What is the gross profit percentage for 200 and 20X1? Note: Round your answers to 1 decimal place
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