Nexxus Computers reported the information shown as follows (Click the icon to view the income statement.) Click the icon to view the balance sheet.) Required 1. Is Nexxus Computers a merchandising entity, a service business, or both? How can you tell? List the items in Nexxis Computers financial statements that influence your answer 2. Compute Nexus Computers gross margin for fiscal years 2020 and 2019 Did the gross margin increase or decrease in 2020? Is this a good sign or a bad sign about the company? 3. Write a brief memo to the owner advising her of Neous Computers trend of sales, gross margin, and net income Indicate whether the outlook for Nexus Computers is favourable or unfavourable based on the bed Requirement 1. Is Nous Computers a merchandising entity, a service business, or both? How can you tell? List the items in Nexxus Computers financial statements that influence your answer Nexxus Computers is List the items in Nexxus Computers' financial statements that influence your answer. ( a box is not used in the table, leave the box blank: do not select a label) Income Statement Balance Sheet Choose from any drop-down list and then continue to the next