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Question 27 3 pt Zebra Company reports the following figures for the years ending December 31, 2019 and 2018: 2019 2018 Net Sales $61,000 $46,000

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Question 27 3 pt Zebra Company reports the following figures for the years ending December 31, 2019 and 2018: 2019 2018 Net Sales $61,000 $46,000 Cost of Goods Sold 44.000 33.000 Gross Profit $17,000 $13,000 What are the percentage changes from 2018 to 2019 for Net Sales, Cost of Goods Sold and Gross Profit, respectively? (Round your final answers to one decimal place, X.X%) 32.6%, 33.3%, 30.8% 100%, 30.8%, 33.3% 100%, 0.8%, 0.8% 30.8%. 32.6% 33.3% Question 28 3 pts Hull Company reports the following data Question 33 3 pts When analyzing the activity and asset management efficiency ratios for NYC Subways, you calculated the following: Industry Average Current Year Prior Year A/R turnover 9.9 Inventory turnover 4.6 Fixed Asset turnover 1.8 Based on the above information, select the CORRECT statement from the ones below: 7.8 All three of the company's turnover ratios are decreasing, which indicates they are operating more efficiently The company's A/R and Inventory turnover ratios are decreasing and this is a favorable trend for these two ratios The industry averages look much better than NYC Subways for all three turnover ratios The company's A/R and Inventory turnover ratios are decreasing and this is an unfavorable trend for these two ratios

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