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On November 1 6 , 2 0 1 8 , after Nwidiss third quarter 1 Q 3 V 2 0 1 8 earnings release. ExtremeTech

On November 16,2018, after Nwidiss third quarter 1 Q3V 2018 earnings release. ExtremeTech reported;
earnings doesint always make sense from a technical perspective.
time to work through the excess invertory bulls-up.
a. Calculate the inwentory as a percent of total assets.
Note: fiound percentage to one decimal place (for example, enter 6.7% for 6.6555%).
b. Is the "imentory build" referred to by ExtremeTech significant in common-size terms?
c. Determine the gross profit margin for each quarter.
Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%).
c. Determine the gross profit margin for each quarter.
Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%).
d. Did the margin slip a "tiny bit" in Q32018?
Had the company maintained the gross margin in Q32018 as in Q22018, operating income would have been about $
million higher.
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