Question: Question 1 7 Using Figure 1 , we can tell that Income taxes are a smaller fraction of sales revenue in Year 2 . Gross

Question 17
Using Figure 1, we can tell that
Income taxes are a smaller fraction of sales revenue in Year 2.
Gross margin decreased in Year 2 as a fraction of sales.
Selling and administrative expense was lower in Year 1.
Interest expense increased in Year 2
See picture same figure as aother question
Question 17 Using Figure 1, we can tell that Income taxes

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