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Complete a margin analysis for Associated Industries and answer the questions below. Associated Industries Year Ending Year Ending Change 2016 2017 Gross Margin 43.7% 43.7% 0% Operating Margin 3.9% 3.0% (.9%) Net Margin 3.0% 2.4% (.6%) 1. What was the change to the Operating Margin and what does that indicate for the operation of the business?

Complete a margin analysis for Associated Industries and answer the questions below. Associated Industries Year Ending Year Ending Change 2016 2017 Gross Margin 43.7% 43.7% 0% Operating Margin 3.9% 3.0% (.9%) Net Margin 3.0% 2.4% (.6%) 1. What was the change to the Operating Margin and what does that indicate for the operation of the business?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Complete a margin analysis for Associated Industries and answer the questions below. Associated Industries Year Ending Year Ending Change 2016 2017 Gross Margin 43.7% 43.7% 0% Operating Margin 3.9% 3.0% (.9%) Net Margin 3.0% 2.4% (.6%) 1. What was the change to the Operating Margin and what does that indicate for the operation of the business?
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