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The following items were taken from the financial statements of Henager, Inc., over a three-year period: 2016 2015 Item Net Sales Cost of Goods Sold
The following items were taken from the financial statements of Henager, Inc., over a three-year period: 2016 2015 Item Net Sales Cost of Goods Sold 2017 $355,000 214,000 $141,000 $340,000 202,000 $ 138,000 $300,000 186,000 $114,000 Gross Profit Compute the amount and percentage change from 2015 to 2016. (Round percentages to 1 decimal place, e.g. 17.5%.) Item Amount Percentage Net Sales Cost of Goods Sold % Gross Profit % $ Compute the amount and percentage change from 2016 to 2017. (Round percentages to 1 decimal place, e.g. 17.5%.) Item Amount Percentage Net Sales % $ Cost of Goods Sold % Gross Profit % $
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