The instructor may want to point out that ratios are often used by managers projected financial statements. In order to estimate Year 4, the key ratios to compute are: Year 1 sales. Gross margin. Profit before taxes. Net income. Tax rate.
The instructor may want to point out that ratios are often used by managers projected financial statements. In order to estimate Year 4, the key ratios to compute are: Year 1 sales. Gross margin. Profit before taxes. Net income. Tax rate.
The instructor may want to point out that ratios are often used by managers projected financial statements. In order to estimate Year 4, the key ratios to compute are: Year 1 sales. Gross margin. Profit before taxes. Net income. Tax rate.