The Chief Financial Officer of your organisation has asked you to analyse the financial statements of Mr. Bed (a fictitious bed manufacturing company), advising him of the gross and net margins for both years as well as the trend. 2020 Sales R8 750 000 Cost of Sales R2 650 000 Gross Profit R6 100 000 2019 R7 150 000 R2 350 000 R4 800 000 Administration Expenses 050 000 R1 020 000 Net Profit R5 050 000 R3 780 000 Show all calculations (4) R1