2017 2016 Answer Amounts Amounts Answer Net Profit Net Income 4,910 7% 3,431 6% Sales Margin (%) 65,872 60,906

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter3: Organizing And Financing A New Venture
Section: Chapter Questions
Problem 9DQ
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Comment on the changes between these two years.  How do the changes in profit margin between 2017 and 2016 reflect changes in expense (cost) control and, other things equal, shareholder value

2017
2016
Answer
Amounts
Amounts
Answer
Transcribed Image Text:2017 2016 Answer Amounts Amounts Answer
Net Profit
Net Income
4,910
7%
3,431
6%
Sales
Margin (%)
65,872
60,906
Transcribed Image Text:Net Profit Net Income 4,910 7% 3,431 6% Sales Margin (%) 65,872 60,906
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