Question
Review the following data: 2014 2015 2016 Gross profit margin 45% 41% 38% Operating profit margin 12% 14% 15% Net profit margin 5% 20% 8%
- Review the following data:
|
| 2014 | 2015 | 2016 |
| Gross profit margin | 45% | 41% | 38% |
| Operating profit margin | 12% | 14% | 15% |
| Net profit margin | 5% | 20% | 8% |
Required: Explain the possible causes of the trends.
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Managerial Accounting
Authors: Stacey WhitecottonRobert LibbyRobert Libby, Patricia LibbyRobert Libby, Fred Phillips
1st Edition
0078110777, 9780078110771
