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Current Attempt in Progress Concord Inc. and Riverbed Corporation are Canadian fertilizer companies. The following information has been taken from their financial statements for the
Current Attempt in Progress Concord Inc. and Riverbed Corporation are Canadian fertilizer companies. The following information has been taken from their financial statements for the fiscal years ended December 31. All figures are in millions of dollars. RIVERBED 2021 2020 2019 Net sales $9,368.3 $5,184.6 $3,330.5 Gross profit 5.192.8 1.913.2 987.1 Profit 3.390.4 1.210.7 619.5 CONCORD 2021 2020 2019 Net sales $10,537 $5,132 $4,492 Gross profit 3.329 1.538 874 Profit 1,208 426 29 Question 4 of 4 -11 Calculate both companies' gross profit margin and profit margin for the years 2019 through 2021. (Round answers to 1 decimal place, e.g.52.7%.) RIVERBED 2021 2020 2019 Gross profit margin % % % Profit margin % % % h CONCORD 2021 2020 2019 Gross profit margin % % % % % Profit margin % e Textbook and Media ENG US Question 4 of 4
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