total revenue indutry revenue Cost of goods sold Gross Profit Operating Expenses Operating Profit Operating Profit Margin $ $ $ $ $ 2017 2,416,585.00 $ 1,592,450.00 $ 824,135.00 $ 404,165.00 $ 419,970.00 $ 17% 2018 2,427,515.00 $ 0.45% 2019 1,582,740.00 $ 844,775.00 $ 409,521.00 $ 435,254.00 $ 18% 2,348,789.00 $ -3.24% $ 29,400,000,000.00 $ 27,900,000,000.00 $ 22,560,000,000.00 $ 26,300,000,000.00 -5.10% 1,502,363.00 $ 846,426.00 $ 442,587.00 $ 403,839.00 $ 2020 17% 1,850,690.00 $ -21.21% -19.14% 1,239,962.00 $ 610,728.00 $ 396,452.00 $ 214,276.00 $ 20201 2,170,060.00 17.26% 12% 16.58% 1,375,818.00 794,242.00 478,926.00 315,316.00 15%

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter5: Operating Activities: Purchases And Cash Payments
Section: Chapter Questions
Problem 1.6C
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Please analyze this firm's performance if the revenue is increasing or decreasing compared to the industry average or if the profitability is stable or rising. Please include if the company needs to create or capture value or if they are creating or capturing value.

total revenue
indutry revenue
Cost of goods sold
Gross Profit
Operating Expenses
Operating Profit
Operating Profit Margin
$
$
$
$
Ś
2017
2,416,585.00 $
1,592,450.00 $
824,135.00 $
404,165.00 $
419,970.00 $
17%
2018
2,427,515.00 $ 2,348,789.00 $
-3.24%
0.45%
2019
1,582,740.00 $
844,775.00 $
409,521.00 $
435,254.00 $
18%
$ 29,400,000,000.00 $ 27,900,000,000.00 $ 22,560,000,000.00 $ 26,300,000,000.00
-5.10%
1,502,363.00 $
846,426.00 $
442,587.00 $
403,839.00 $
2020
17%
1,850,690.00 $ 2,170,060.00
-21.21%
17.26%
20201
-19.14%
1,239,962.00 $
610,728.00 $
396,452.00 $
214,276.00 $
12%
16.58%
1,375,818.00
794,242.00
478,926.00
315,316.00
15%
Transcribed Image Text:total revenue indutry revenue Cost of goods sold Gross Profit Operating Expenses Operating Profit Operating Profit Margin $ $ $ $ Ś 2017 2,416,585.00 $ 1,592,450.00 $ 824,135.00 $ 404,165.00 $ 419,970.00 $ 17% 2018 2,427,515.00 $ 2,348,789.00 $ -3.24% 0.45% 2019 1,582,740.00 $ 844,775.00 $ 409,521.00 $ 435,254.00 $ 18% $ 29,400,000,000.00 $ 27,900,000,000.00 $ 22,560,000,000.00 $ 26,300,000,000.00 -5.10% 1,502,363.00 $ 846,426.00 $ 442,587.00 $ 403,839.00 $ 2020 17% 1,850,690.00 $ 2,170,060.00 -21.21% 17.26% 20201 -19.14% 1,239,962.00 $ 610,728.00 $ 396,452.00 $ 214,276.00 $ 12% 16.58% 1,375,818.00 794,242.00 478,926.00 315,316.00 15%
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