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Your Co. 20X3 20X2 20X1 Sales $ 1030,00 $ 920,00 $ 853,00 Sales Discounts 10,00 7,00 5,0C Sales Returns & Allowances 20,00 13,00 18,00
Your Co. 20X3 20X2 20X1 Sales $ 1030,00 $ 920,00 $ 853,00 Sales Discounts 10,00 7,00 5,0C Sales Returns & Allowances 20,00 13,00 18,00 COGS 500,00 468,00 439,90 Operating & Other Expenses 400,00 360,00 332,00 A/R 140,00 131,00 125,00 Allowance Doubtful Accounts 10,00 11,00 5,00 Net Sales Gross Profit (Margin) Net Income Average Net A/R 20X3 20X2 20X1 Gross Margin Ratio Profit Margin Ratio A/R Turnover Ratio Is Your Co's gross margin ratio better than the industry average of 45%? Is Your Co's profit margin ratio better than the industry average of 11%? Is Your Co's A/R Turnover ratio better than the industry average of 1??
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College Accounting
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
11th edition
978-1111528300, 1111528128, 1111528306, 978-1111528126
