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This shows MECs Gross Profit Ratio from 2015 to 2016 a) Is the trend favourable or unfavourable? (1 Mark) b) What do you think is

This shows MECs Gross Profit Ratio from 2015 to 2016

a) Is the trend favourable or unfavourable? (1 Mark)

b) What do you think is the explanation for your answer? (2 MARKS)

2017 2016 2015 Units sold.. Gross profit from sales. Net sales... Gross profit ratio. 214,000 $84,300 $314,700 26.8% 160,000 100,000 $69,440 $46,400 $248,000 $160,000 28.0% 29.0%

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