Comment on the profitability of the company. Support your answer with Ratio Analysis Income Statement Horizontal Analysis:
Fantastic news! We've Found the answer you've been seeking!
Question:
Comment on the profitability of the company. Support your answer with Ratio Analysis
Income Statement
Horizontal Analysis:
| 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
| Retail Sales | 20 877.00 | 19 994.00 | 18 575.00 | 19 038.00 | 17 285.00 | 15 227.00 |
| Variance | 883.00 | 1 419.00 | (463.00) | 1 753.00 | 2 058.00 | - |
| % | 4% | 8% | -2% | 10% | 14% | 0% |
| Profit from Operations | 3 938.00 | 2 732.00 | 3 048.00 | 3 603.00 | 3 076.00 | 2 537.00 |
| Variance | 1 206.00 | (316.00) | (555.00) | 527.00 | 539.00 | - |
| % | 44% | -10% | -15% | 17% | 21% | 0% |
Expert Answer:
Year 2019 2018 2017 2016 2015 2014 Profitability Ratio In Percentage 189 137 164 189 250 167 Here pr... View the full answer
Related Book For 
Posted Date:
