Question

signments/32406262 module item id-12670804 Discussions WP GS Retail reported the following for the past two fiscal years Conferences Collaborations 2021 2020 WileyPLUS Support Net sales Count Cost of goods sold Profit $944,000 596,608 $782.000 484840 shboard 67.024 64.906 uses Calculate the gross proht margin and profit margin for both year Roundwers to 2 decimal 12.73K 2021 Gross profit margin Profit margin HELP 50S e Textbook and Media Comment on any changes in profitability GS Retail's profitability has Type here to search

Answer 1

		2021	2021	2020	2020
Gross profit margin	Net Sales- COGS/NET SALES	944,000- 596,608/944,000	36.80%	782,000-484,840/782,000	38%
PROFIT MARGIN	PROFIT / SALES	67,024/944,000	7.10%	64,906/782,000	8.30%

COMMENT

GST RETAILS PROFABILTY HAS BEEN DECLINED OR WORSED.