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The following calculations have been made using Metro Tech's income statement: Sales growth, current year ......20% Gross profit margin, current

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The following calculations have been made using Metro Tech's income statement:
Sales growth, current year ......20%
Gross profit margin, current year ....64%
Gross profit margin, last year ....52%
Discuss all the reasons you can think of to explain the 12% change in gross profit margin. Which reasons would be considered a quality issue by an analyst?

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Understanding financial statements

Understanding financial statements

ISBN: 978-0136086246

9th Edition

Authors: Lyn M. Fraser, Aileen Ormiston

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Question Posted: June 12, 2012 00:30:20
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