Question: The net profit margin for Tier 1, 2, & 3 in Month 1 was 27%, 26%, 11%. Calculate the change in net profit margin. Change
The net profit margin for Tier 1, 2, & 3 in Month 1 was 27%, 26%, 11%. Calculate the change in net profit margin.
Change = Month 2 net profit % - Month 1 net profit margin %
[use whole numbers]
Month 2 Change in Net Profit Margin
Tier 1 is ____%.? Tier 2 is ____%? Tier 3 is ____%?
| Tier 1 | |
| Profit and Loss Statement | |
| Sales Revenue | $ 45,809 |
| COGS | $ 15,399 |
| Gross Profit | $ 30,411 |
| Expenses | $ 18,376 |
| Net Income | $ 12,035 |
| Tier 2 | |
| Profit and Loss Statement | |
| Sales Revenue | $ 41,048 |
| COGS | $ 12,368 |
| Gross Profit | $ 28,680 |
| Expenses | $ 18,926 |
| Net Income | $ 9,754 |
| Tier 3 | |
| Profit and Loss Statement | |
| Sales Revenue | $ 34,964 |
| COGS | $ 13,587 |
| Gross Profit | $ 21,377 |
| Expenses | $ 18,601 |
| Net Income | $ 2,776 |
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