Essay
The following information comes from P Co.'s income statements for 2010 and 2009:
1.Compute the gross profit percentage for
a.2012 __________
b.2011 __________
2.Provide at least two potential causes for the change in P Co's gross profit percentage.
Correct Answer:
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(1)a.58.3% (13,018/22,348),b.59.2% (12,3...View Answer
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