Using vertical analysis (show your calculations), present values for this year and last year: Gross profit margin Net profit margin (use the last “net income” line on the statement)

Using vertical analysis (show your calculations), present 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 is gross profit and net income changing, as a dollar value?

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