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Please include the answers highlighted Score: 0 of 2 pts Question E7-50B (book/static) Hometown Supply Company reported the following information in its comparative financial statements
Please include the answers highlighted
Score: 0 of 2 pts Question E7-50B (book/static) Hometown Supply Company reported the following information in its comparative financial statements for the fiscal year ended January 31, 2018: EF: (Click the icon to view the data.) Read the requirements. Requirement 1. Compute net profit margin ratio (%) for the years ended January 31, 2018 and 2017. Did it improve or worsen in 2018? Identify the formula, then calculate profit margin for 2018 and 2017. (Round your answers to the nearest hundredth of a percent, X.XX%.) = Net profit margin ratio % i Data Table % 2018 = % 2017 January 31, January 31, 2018 2017 S Net sales 84,000 $ 82,600 $ Net earnings 4.050 4,200 $ 70,000 $ 69,450 Average total assets Print Done Choose from any list or enter any number in the input fields and then click Check Answer Check Answer Clear All 5 parts remaining 817 w Type here to ach O e LG G.SYNCStep by Step Solution
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