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You are provided with the following table about a retail business ( in $ ) : table [ [ , 2 0 2 1
You are provided with the following table about a retail business in $:
tableNet sales,Cost of goods sold,Gross profit, ExpensesNet profit,
Inventory ending balance in Ending balance Ending balance
Required:
Calculate the four indicators, "gross profit ratio", "profit margin", operating expenses to sales ratio", and "inventory turnover" for year and year
Comment on the profitability aspect of the business.
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