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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