Question
Corp (CVX stock symbol) look up their 12/31/22 annual 10k financial reports, perform research, analysis, and comparisons as instructed below with a two-page report that
Corp (CVX stock symbol) look up their 12/31/22 annual 10k financial reports, perform research, analysis, and comparisons as instructed below with a two-page report that addresses the following:
Analyze the most recent two years of income statements 2022 and 2021 for both companies, noting changes and trends between the years. In terms of gross profit and operating income, point out the dollar and percentage amount of change, and calculate the percentage to net sales of gross profit and of operating income for both years, for both companies. Describe and compare the trends of these results and articulate the implications for existing stockholders of the selected company, providing support and reasoning for your position.
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