Calculate the gross profit and income from operations


Problem

Use the attached photo to answer the two questions on a word document.

1. Calculate the gross profit and income from operations to sales ratios for each product.

2. Write a memo using the product profitability report and the calculations in question one to make recommendations to management with respect to strategies for the three products.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

Attachment:- Managerial-Accounting.rar

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Accounting Basics: Calculate the gross profit and income from operations
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