Question: Assignment Instructions: The following information is available for Escalante Computer Company. In a Word document, analyze the company's gross profit margin by answering the below
Assignment Instructions: The following information is available for Escalante Computer Company. In a Word document, analyze the company's gross profit margin by answering the below questions. Be sure to show your work
20X5 20X4 20X3
Product sales $2,700 $2,400 $1,960
Service revenues 380 50 40
Total sales $3,080 $2,450 $2,000
Cost of products $2,100 $1,750 $1,450
Cost of services 260 35 30
Total cost of sales $2,360 $1,785 $1,480
Gross profit $ 720 $ 665 $ 520
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