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Use the template below and fill in the required information (highlighted in yellow). You will be calculating the missing numbers such as net sales, gross
Use the template below and fill in the required information (highlighted in yellow). You will be calculating the missing numbers such as net sales, gross profit, etc and the amount of the increase/decrease for all numbers given as well as the percentages. In addition, you will be calculating the return on investment, profit margin and investment turnover for year xxx2. Finally, you will provide a brief analysis of what you have discovered about this company based on your calculations. For the Years Ended December 31, XXX2 and xxx1 Increase (Decrease) XXX2 XXX1 Amount Percent Sales 632,000 12,200 500,000 10,000 357,000 345,000 158,000 20,000 154,000 22,000 Sales returns and allowances Net sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total operating expenses Income from operations Other income Income before income tax Income tax expense Net income 8,000 6,000 35,264 26,980 Investment is 4,000,000 Calculate Return on Investment for XXX2 Profit Margin Investment turnover
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