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The Weeknd Company had net sales as follows: $25,000,000 for the year ended December 31,2022;$20,000,000 for the year ended December 31,2021 ; and $15,000,000 for
The Weeknd Company had net sales as follows: $25,000,000 for the year ended December 31,2022;$20,000,000 for the year ended December 31,2021 ; and $15,000,000 for the year ended December 31,2020 . The Weeknd Company had gross margins as follows: $12,500,000 for the year ended December 31,2022;$9,000,000 for the year ended December 31 , 2021 ; and $6,000,000 for the year ended December 31,2020 Based on this information, the percentage change in net sales for The Weeknd Company from the year ended December 31 , 2021 to the year ended December 31,2022 was and the trend in its gross margin percentages from 2020 to 2022 is Note: You need to calculate the gross margin percentage for each year to determine if the trend in gross margin percentages from 2020 to 2022 is favorable or unfavorable. 20% and unfavorable 25%; and favorable 25% and unfavorable 20%; and favorable The Weeknd Company had net sales as follows: $25,000,000 for the year ended December 31,2022;$20,000,000 tor the year ended December 31, 2021; and $15,000,000 for the year ended December 31, 2020. The Weeknd Company had gross margins as follows: $12,500,000 for the year ended December 31,2022;$9,000,000 for the year ended December 31 , 2021; and $6,000,000 for the year ended December 31,2020 Based on this information, the percentage change in net sales for The Weeknd Company from the year encled December 31 , 2021 to the year ended December 31,2022 was ; and the trend in Its gross margin percentages from 2020 to 2022 is Note: You need to calculate the gross margin percentage for each year to determine if the trend in gross margin percentages from 2020 to 2022 is favorable or unfavorable. 20%; and unfavorable 25% and favorable 25% : and unfavorable 20%; and favorable The Weeknd Company had net sales as follows: $25,000,000 for the year ended December 31,2022;$20,000,000 for the year ended December 31,2021 ; and $15,000,000 for the year ended December 31,2020 . The Weeknd Company had gross margins as follows: $12,500,000 for the year ended December 31,2022;$9,000,000 for the year ended December 31 , 2021 ; and $6,000,000 for the year ended December 31,2020 Based on this information, the percentage change in net sales for The Weeknd Company from the year ended December 31 , 2021 to the year ended December 31,2022 was and the trend in its gross margin percentages from 2020 to 2022 is Note: You need to calculate the gross margin percentage for each year to determine if the trend in gross margin percentages from 2020 to 2022 is favorable or unfavorable. 20% and unfavorable 25%; and favorable 25% and unfavorable 20%; and favorable The Weeknd Company had net sales as follows: $25,000,000 for the year ended December 31,2022;$20,000,000 tor the year ended December 31, 2021; and $15,000,000 for the year ended December 31, 2020. The Weeknd Company had gross margins as follows: $12,500,000 for the year ended December 31,2022;$9,000,000 for the year ended December 31 , 2021; and $6,000,000 for the year ended December 31,2020 Based on this information, the percentage change in net sales for The Weeknd Company from the year encled December 31 , 2021 to the year ended December 31,2022 was ; and the trend in Its gross margin percentages from 2020 to 2022 is Note: You need to calculate the gross margin percentage for each year to determine if the trend in gross margin percentages from 2020 to 2022 is favorable or unfavorable. 20%; and unfavorable 25% and favorable 25% : and unfavorable 20%; and favorable
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