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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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