Ratio Analysis

The following information was taken from Division Manufacturing's December $31$st trial balances for this year and the previous year.

Required:

Calculate the gross profit margin and operating margin percentage for this year. Round your answers to two decimal places. Use rounded answers in subsequent

computations.

This Year

Gross profit margin percentage

$\%$

Operating margin percentage

$\%$

Assuming that all of the operating expenses are fixed $($or$,$ won't change as sales increase or decrease$),$ what will be the operating margin percentage if net sales increase by

$30\%$ Round your answer to two decimal places.

Operating margin percentage

Ratio Analysis

The following information was taken from Division Manufacturing's December $31$st trial balances for this year and the previous year.

Required:

Calculate the gross profit margin and operating margin percentage for this year. Round your answers to two decimal places. Use rounded answers in subsequent

computations.

This Year

Gross profit margin percentage

$\%$

Operating margin percentage

$\%$

Assuming that all of the operating expenses are fixed $($or$,$ won't change as sales increase or decrease$),$ what will be the operating margin percentage if net sales increase by

$30\%$ Round your answer to two decimal places.

Operating margin percentage