Sales in 2020 $50M, 2021 $55M, 2022 $60M; COGS $30M, $32M, $34M respectively; SG&A $10M, $13M, $16M; Operating Expenses $7M, $8M, $9M

2. Calculate Operating Margin and Operating Profit for each year.
4. Calculate Gross Margin and Gross Profit for each year.
5.  
6. Describe how well the company is doing in 2022 compared to 2020. Give a few possible reasons for these changes using inferences from JUST the information in the question.
7.  

Answer rating: 100% (QA)

Answer a breakdown of the companys performance for each year along with a comparison of 2022 to 2020 and possible reasons for the changes based only o... View the full answer