Question

In: Accounting

Comment on the profitability of the company. Support your answer with Ratio Analysis Income Statement -...

Comment on the profitability of the company. Support your answer with Ratio Analysis

Income Statement - Horizontal Analysis:

    2019

    2018

    2017

    2016

    2015

    2014

Retail Sales

20 877.00

19 994.00

18 575.00

19 038.00

17 285.00

15 227.00

Variance

       883.00

    1 419.00

     (463.00)

    1 753.00

    2 058.00

                -  

%

4%

8%

-2%

10%

14%

0%

Profit from Operations

    3 938.00

    2 732.00

    3 048.00

    3 603.00

    3 076.00

    2 537.00

Variance

    1 206.00

     (316.00)

     (555.00)

       527.00

       539.00

                -  

%

44%

-10%

-15%

17%

21%

0%

Solutions

Expert Solution

Answer is given below with ratio

ekkarill92 answered 1 year ago
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