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Using the SEC-10K report for ExxonMobile: Inline XBRL Viewer (sec.gov) Calculate the Gross Profit and the Gross Profit Percentage for this year and last year,
Using the SEC-10K report for ExxonMobile: Inline XBRL Viewer (sec.gov)
- Calculate the Gross Profit and the Gross Profit Percentage for this year and last year, creating a small table, such as the following:
| 2020 | 2019 | |
| Net Sales | $1,200 | $1,400 |
| Cost of Goods Sold | 800 | 1,200 |
| Gross Profit | 400 | 200 |
| Gross Profit Percentage | 33% | 14% |
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Financial & Managerial Accounting
Authors: Carl S. Warren
10th Edition
0324663811, 9780324663815
