Question: Complete a margin analysis for Associated Industries and answer the questions below. Associated Industries Year Ending Year Ending Change 2016 2017 Gross Margin 43.7% 43.7%

Complete a margin analysis for Associated Industries and answer the questions below.

Associated Industries

Year Ending

Year Ending

Change

2016

2017

Gross Margin

43.7%

43.7%

0%

Operating Margin

3.9%

3.0%

(.9%)

Net Margin

3.0%

2.4%

(.6%)

What was the change to the Net Margin and what does that indicate for the operation of the business?

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