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for the years presented determine the profit margin? please comment on the trend 30,000 112,600 27 121,400 100 124,300 --000 125,000 20 112,900 264,300 185,900

for the years presented determine the profit margin? please comment on the trend
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30,000 112,600 27 121,400 100 124,300 --000 125,000 20 112,900 264,300 185,900 164,200 124,000 91,600 HOVY Homebuilding land/lots owned Homebuilding lots controlled under purchase contracts Percentages of Revenues: Gross profit - home sales SG&A expense - homebuilding Revenues 95.000 21.3% 8.6% 20.0% 8.9% 20.2% 9.3% 21.8% 20.2% 8.2% 8.7% Income before Income Taxes 29 S2000 Return on Equity 7530 2005 BN MN 16.000 925 0001 32.54 1 2000 $6.000 5% 206 204 2003 2000 206 207 208 2009 2010 Homebuilding Leverage Ratio Book Value per Common Share 2016 2017 208 209 210 Homebuilding Return on Inventory 2012 ON 5 P 2 3 4 5 & 7 6 8 9 30,000 112,600 27 121,400 100 124,300 --000 125,000 20 112,900 264,300 185,900 164,200 124,000 91,600 HOVY Homebuilding land/lots owned Homebuilding lots controlled under purchase contracts Percentages of Revenues: Gross profit - home sales SG&A expense - homebuilding Revenues 95.000 21.3% 8.6% 20.0% 8.9% 20.2% 9.3% 21.8% 20.2% 8.2% 8.7% Income before Income Taxes 29 S2000 Return on Equity 7530 2005 BN MN 16.000 925 0001 32.54 1 2000 $6.000 5% 206 204 2003 2000 206 207 208 2009 2010 Homebuilding Leverage Ratio Book Value per Common Share 2016 2017 208 209 210 Homebuilding Return on Inventory 2012 ON 5 P 2 3 4 5 & 7 6 8 9

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