Question: Please see the questions and problem shown on the attachment. Thank you. Using the income statement you found, compute your chosen firm's gross profit margin,
Please see the questions and problem shown on the attachment. Thank you.

Using the income statement you found, compute your chosen firm's gross profit margin, operating income margin, and net income margin (using the equations found in this module's instruction) for the past 3 years. Include the numerator and denominator for each ratio. After you report the ratios, please discuss the economic interpretation of your results. You might want to read the instructor's sample post before you begin. Income Statement All numbers in thousands Revenue 12/31/2015 12/31/2014 12/31/2013 Total Revenue 37,864,000 38,901,000 38,279,000 Cost of Revenue 12,130,000 16,611,000 17,192,000 Gross Profit 25,734,000 22,290,000 21,087,000 Operating Expenses Research Development - - - Selling General and Administrative 18,423,000 17,795,000 17,629,000 Non Recurring 326,000 443,000 520,000 Others 1,819,000 1,679,000 1,689,000 Total Operating Expenses - - - Operating Income or Loss 5,166,000 2,373,000 1,249,000 Income from Continuing Operations Total Other Income/Expenses Net -327,000 -562,000 24,000 Earnings Before Interest and Taxes 4,839,000 1,811,000 1,273,000 Interest Expense 620,000 683,000 734,000 Income Before Tax 4,219,000 1,128,000 539,000 Income Tax Expense -3,121,000 -4,000 -32,000 Minority Interest - - - Net Income From Continuing Ops 7,340,000 1,132,000 571,000 Non-recurring Events Discontinued Operations - - - Extraordinary Items - - - Effect Of Accounting Changes - - - Other Items - - - Net Income Net Income 7,340,000 1,132,000 571,000 Preferred Stock And Other Adjustments - - - 1,132,000 571,000 Net Income Applicable To Common Shares 7,340,000
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