Your written analysis and interpretation should include explanations for why trends have occurred. Should be two pages in length and should cover areas such as sales (revenues), gross profit margin, specific operating expenses. and net profit.

Font Alighmen Clipboard N14 2013 2012 2011 2 Net sales 3 Cost of goods sold $2,099,883 100.00% 1,392,581 66.32% 707,302 33.68% $2,316,203 100.00% 1,539,614 66.47% 776,589 33.53% $2,362,886 100.00% 1,526,380 64.60% 836,506 35.40% Gross profit Operating expenses 4 423,854 18.30% 162,331 7.01% 118,423 5.11% 420,580 17.80% 156,390 6.62% 116,880 4.95% 431,598 20.55% 153,922 7.33% 113,824 5.42% 216,688 10.32% 43,704 2.08% 959,736 45.70% 252,434-12.02% 907 0.04% 2,198-0.10% 253,725-12.08% 6 Marketing and selling Research and development General and administrative impairment of goodwill and other a: oRestructuring charges 693,850 29.36% 142,656 6.04% 2,316 0.10% 3,476 0.15% 148,448 6.28% 19,988 0.85% 128,460 5.44% 704,608 30.42% 71,981 3.11% Total operating expenses Operating income (loss) B : Interest income, net Other income (expense), net s Income (loss) before income taxes s: Provision for (benefit from) income ta: 7 Net income (loss) 8 Net income (loss) per share 19 Basic 20 Diluted 2,674 0.12% 16,622 0.72% 91,277 3.94% 19,819 0.86% 71,458 3.09% -25588-1.22% -228,137-10.86% $0.73 $0.72 0.41 S(1.44) S(1.44) 21 Shares used to compute net income (loss) per share 158,468 158,468 S0.41 22 Basic 23 Diluted 174,648 175,591 176,928 178,790 Cash dividends per share $ 0.85