Question: common Exercise 17-1 Determining profit effects from common-size and trend percentages LO2, 3 Common-size and trend percentages for a company's net sales, cost of goods

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common Exercise 17-1 Determining profit effects from common-size and trend percentages LO2,

3 Common-size and trend percentages for a company's net sales, cost of

Exercise 17-1 Determining profit effects from common-size and trend percentages LO2, 3 Common-size and trend percentages for a company's net sales, cost of goods sold, and expenses follow: Required: a. Calculate the profit percentage for 2018,2019 and 2020. (Round the final answers to 2 decimal places.) b. Determine whether the company's profit increased, decreased, or remained unchanged during this three-year period

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