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Income statement analysis What are the companys largest expenses? How does this reflect the companys business strategy? Does the company report gross profit? What is

  1. Income statement analysis
  2. What are the companys largest expenses? How does this reflect the companys business strategy?

  1. Does the company report gross profit? What is the gross profit margin? If it does not report gross profit, why not?

  1. What is the profit margin? Did it increase or decrease over the years reported? By what percentage? Did the net income increase or decrease? By what percentage? What causes any differences between the two, if any?
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