GS Retail reported the following for the past two fiscal years: (a) Calculate the gross profit margin

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GS Retail reported the following for the past two fiscal years:

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(a) Calculate the gross profit margin and profit margin for both years.?

(b) Comment on any changes in profitability.

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Accounting Principles Volume 1

ISBN: 978-1119502425

8th Canadian Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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