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please refer the website Refer to Etsy 10-K for the fiscal year ended Dec 31, 2022. From fiscal 2021 to 2022 the company's Net Income
please refer the website
Refer to Etsy 10-K for the fiscal year ended Dec 31, 2022. From fiscal 2021 to 2022 the company's Net Income fell from a profit of $493M to a loss of ($694M). How did this happen? A drop in gross profit margin due to pricing pressure A drop in revenues A major asset writedown Continuing with Etsy, how was the company's cash flow from operations impacted by the above? No impact Cash flow was reduced dramatically Refer to Etsy 10-K for the fiscal year ended Dec 31, 2022. From fiscal 2021 to 2022 the company's Net Income fell from a profit of $493M to a loss of ($694M). How did this happen? A drop in gross profit margin due to pricing pressure A drop in revenues A major asset writedown Continuing with Etsy, how was the company's cash flow from operations impacted by the above? No impact Cash flow was reduced dramatically Step by Step Solution
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