How important are signs.symbols and designs in relation to carpentry?if you do not have access to internal.you may answer based
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Answer:
Note: <em>See missing wordings in attached picture below</em>
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a. <u>2015</u>
Gross profit percentage = [Total revenue - Cost of crude oil and products] / Total revenue
Gross profit percentage = [$225 - $119] / $225
Gross profit percentage = $106 / $225
Gross profit percentage = 0.47111111
Gross profit percentage = 47.11%
<u>2014</u>
Gross profit percentage = [Total revenue - Cost of crude oil and products] / Total revenue
Gross profit percentage = [$242 - $127] / $242
Gross profit percentage = $115 / $242
Gross profit percentage = 0.475206612
Gross profit percentage = 47.52%
Conclusion: Insignia Corporation are likely to earn less gross profit from each dollar of sales in 2016 because Gross profit percentage decreased from 2014 to 2015.
b. <u>2015</u>
Net profit margin = Net income / Total revenue
Net profit margin = $26/$225
Net profit margin = 0.1155555
Net profit margin = 11.56%
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<u>2014</u>
Net profit margin = Net income / Total revenue
Net profit margin = $37/$242
Net profit margin = 0.152893
Net profit margin = 15.29%
