Create a memo addressing the following with an embedded excel file as back up for your commentary.

calculate the gross profit margin of Services (massages, facials, and spa) and the gross profit margin of products

comment in your memo how well the financial statements of QBO provided the information for you (is there anything in the reports that you wish were presented differently?)

comment on the gross profit percentages which one is better? What do you anticipate going forward for the rest of the year?

Please send me an example of this problem.

Thank you