Question
Complete a margin analysis for Associated Industries and answer the questions below. Associated Industries Year Ending Year Ending Change 2016 2017 Gross Margin 43.7% 43.7%
Complete a margin analysis for Associated Industries and answer the questions below.
| Associated Industries | Year Ending | Year Ending | Change | |
|
|
| 2016 | 2017 |
|
| Gross Margin | 43.7% | 43.7% | 0% | |
| Operating Margin | 3.9% | 3.0% | (.9%) | |
| Net Margin |
| 3.0% | 2.4% | (.6%) |
1. What was the change to the Gross Margins for the period and what does that indicate for the operation of the business?
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College Accounting A Practical Approach Chapters 1-15
Authors: Jeffrey Slater
7th Edition
0130954888, 978-0130954886
