Calculate the following for each of the years listed
A. Debt/ Equity ratio
B. Debt/asset ratio
C.Profit Margin (as a %)
D. Gross Margin (as a %)
E. Calculate the change in profit margin over each year
Exhibit 1: Iggy’s Financial Statements, 1994-1999
1994
1995
1996
1997
1998
1999
Income Statement Data
Net revenue
1,000,000
2,500,000
3,000,000
4,000,000
4,500,000
6,000,000
Cost of goods sold
Labor Other
570,000
220,000
350,000
1,700,000
900,000
800,000
1,920,000
1,080,000
840,000
2,520,000
1,480,000
1,040,000
3,195,000
1,890,000...