Anthony Inc Requirements:
A

Essay

Anthony Inc. reported the following amounts on their 2014 and 2013 income statements: $$\begin{array} { | l | r | r | } \hline & \underline { 2014 } & \underline { 2013 } \\\hline \text { Net Sales } & \$ 20,438 & \$ 20,367 \\\hline \text { Cost of sales } & 7,943 & 8,198 \\\hline\end{array}$$ Requirements:
A. Compute the gross profit percentage for years 2014 and 2013.
B. Provide at least two potential causes for the change in Anthony's gross profit percentage.