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Using vertical analysis (show the calculations), present the following values for this year and last year: gross profit margin net profit margin (use the last
Using vertical analysis (show the calculations), present the following values for this year and last year:
- gross profit margin
- net profit margin (use the last "net income" line on the statement)
- Comment on changes:
- Are sales increasingly profitable?
- How are gross profit and net income changing, as dollar values?
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Fundamentals Of Cost Accounting
Authors: William Lanen, Shannon Anderson
2nd Edition
0071332618, 978-0071332613
