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%

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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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