Question
I. Using vertical analysis (show your calculations), present the following values for this year and last year: a) gross profit margin b) net profit margin
I. Using vertical analysis (show your calculations), present the following values for this year and last year:
a) gross profit margin
b) net profit margin (use the last "net income" line on the statement)
c) Comment on changes:
- Are sales increasingly profitable?
- How are gross profit and net income changing, as dollar values?
2. Conduct a Vertical Analysis on any two items of the Balance Sheet and comment on your results.
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Requirement 1A In millions amount Year 2019 Year 2020 Net Sales 28052200 10000 38606400 10000 Cost of Sales 16553600 5901 23330700 6043 Gross Profit 11498600 4099 15275700 3957 Requirement 1B In milli...Get Instant Access to Expert-Tailored Solutions
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