Question: Super Computers reported the information shown as follows: .(Click the icon to view the income statement.) 0 (Click the icon to view the balance sheet.)

Super Computers reported the information shown as
Super Computers reported the information shown as follows: .(Click the icon to view the income statement.) 0 (Click the icon to view the balance sheet.) Required 1. Is Super Computers a merchandising entity, a service business, or both? How can you tell? List the items in Super Computers' nancial statements that inuence your answer. 2. Compute Super Computers' gross margin for fiscal years 2023 and 2022. Did the gross margin increase or decrease in 2023? Is this a good sign or a bad sign about the company? 3. Write a brief memo to the owner advising her of Super Computers' trend of sales, gross margin, and net income. Indicate whether the outlook for Super Computers is favourable or unfavourable, based on these trends. Requirement 1. Is Super Computers a merchandising entity, a service business, or both? How can you tell? List the items in Super Computers' nancial statements that inuence your answer. Super Computers is V List the items in Super Computers' financial statements that inuence your answer. (If a box is not used in the table, leave the box blank; do not select a label.) Income Statement Balance Sheet Requirement 2. Compute Super Computers' gross margin for fiscal years 2023 and 2022. Did the gross margin increase or decrease in 2023? Is this a good sign or a bad sign about the company? What is the gross margin for 2022? What is the gross margin for 2023? In 2023, the gross margin V This is a V sign about the company

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