LA Theatres, Inc. has two distinct revenue sources, ticket and

LA Theatres, Inc. has two distinct revenue sources, ticket and concession revenues. The following information from LA Theatres, Inc. income statements for the past three years is available:


LA Theatres, Inc. has two distinct revenue sources, ticket and


(a) Calculate gross profit margins for tickets and concessions for all three years. Calculate an overall gross profit margin for LA Theaters, Inc. for all three years.
(b) Analyze the changes in gross profit margin for all three years.

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