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lozanna [386]
3 years ago
15

Walgreens Boots Alliance’s Sales, Cost of Goods Sold, and Gross Profit

Business
1 answer:
zhuklara [117]3 years ago
6 0

Answer:

a. 26%

b. 28.2%

Explanation:

Consider the following formula:

Gross profit ratio = Net sales - Cost of sales / Net sales

Walgreen's 2015 gross profit ratio: (103444-76520)/103444

26.0%

Walgreen's 2014 gross profit ratio: (76392-54823)/76392

28.2%

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