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Toy World operates more than 1,500 stores in the United States company's income statement (in millions): E (Click the icon to view th income statement
Toy World operates more than 1,500 stores in the United States company's income statement (in millions): E (Click the icon to view th income statement ilmnatn) and abroad Like most retailers, the managers of Toy World monitor the company's gross margin peroentage. The following information is from the Requirement 1. Compute the gross profit percentage for each of the 3 years. Comment on the changes in gross profit percentage Begin by identitying the formula, then compute the gross profit percentage for each of the three years beginning with 2010. (Round your answers to two decimal places Cx.3X0x Gross profit percentage 2010 2011 2012 million milion million million The gross proft percentage Data Table For the Year Ended January 20, 2912 January 29, 2011 January 30, 2010 13,30013.200 13,500 8,580 Sales 8512 9,045
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