2019 margin 2018 margin

Net sales

cogs

Gross profit/margin

Net profit/net profit margin

https://www.sec.gov/ix?doc=/Archives/edgar/data/55067/000162828020002113/k-2019q410xk.htm#

Using vertical analysis (show your calculations), present the following values for this year and last year in a table:

gross profit margin

net profit margin (use the last "net income" line on the statement)

Comment on changes:

oAre sales increasingly profitable?

oHow are gross profit and net income changing, as dollar values?

Look at the Consolidated Statement of Shareholders' Equity.Look for the column labeled "Retained Earnings".In the past year, what caused the balance in retained earnings to change