Jill Barksalot owns Jill's Jams, a condiment conglomerate focused on world dominance. She sells a variety of jellies and jams that are just to die for mwhahaha. Using the provided data on her last several years of sales, prepare a statement of trend percentages using 2017 as the base year. (in millions) 2017 2018 2019 2020 Sales 13,241 14,122 11,957 13,244 Cost of goods sold 8,987 9,534 8,272 9,101 Gross margin 4,254 4,588 3,685 4,143
Jill Barksalot owns Jill's Jams, a condiment conglomerate focused on world dominance. She sells a variety of jellies and jams that are just to die for mwhahaha. Using the provided data on her last several years of sales, prepare a statement of trend percentages using 2017 as the base year. (in millions) 2017 2018 2019 2020 Sales 13,241 14,122 11,957 13,244 Cost of goods sold 8,987 9,534 8,272 9,101 Gross margin 4,254 4,588 3,685 4,143
Chapter4: Preparing And Using Financial Statements
Section: Chapter Questions
Problem 1bM
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Jill Barksalot owns Jill's Jams, a condiment conglomerate focused on world dominance. She sells a variety of jellies and jams that are just to die for mwhahaha. Using the provided data on her last several years of sales, prepare a statement of trend percentages using 2017 as the base year.
(in millions) | 2017 | 2018 | 2019 | 2020 |
Sales | 13,241 | 14,122 | 11,957 | 13,244 |
Cost of goods sold | 8,987 | 9,534 | 8,272 | 9,101 |
Gross margin | 4,254 | 4,588 | 3,685 | 4,143 |
2017 | 2018 | 2019 | 2020 | |
Sales | ||||
Cost of Goods Sold | ||||
Gross Margin |
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