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To look up a company of your choice on SEC.gov and compute the 2 profitability ratios we learned in Ch 5. Make sure to look
To look up a company of your choice on SEC.gov and compute the 2 profitability ratios we learned in Ch 5. Make sure to look up a company that's a merchandiser or manufacturer, who has Cost of Goods Sold (or Cost of Sales). Note, the Income Statement can also be titled Statement of Operations.
Compute the 2 ratios (show calculation):
- Gross Profit Rate
- Profit Margin
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