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The following information is available for Brown Theater Company. Calculate the gross profit margin for each year and explain the trend you observe over the
The following information is available for Brown Theater Company. Calculate the gross profit margin for each year and explain the trend you observe over the three years - include details (in 2- 4 sentences) as to why you think this trend is occurring based on the data provided. PLEASE PROVIDE YOUR ANSWERS BELOW WITH DETAILED CALCULATION STEPS. 2021 2020 2019 Movie ticket sales 600 550 450 Concession sales 840 700 550 Movie rental expense 600 500 400 Cost of concession products 500 400 300
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