Business, 02.11.2019 05:31 lerasteidl

Refer to the following mentioned data. (in millions) 2017 2016 2015 net sales $ 34,379 $ 30,705 $ 26,658 cost of products sold 14,027 13,696 13,986 gross margin $ 20,352 $ 17,009 $ 12,672 required: a. calculate the gross profit ratio for each of the past three years. (round your answers to 2 decimal places.) b. assume that campbell’s net sales for the first four months of 2018 totaled $12.99 billion. calculate an estimated cost of goods sold and gross profit for the four months, using the gross profit ratio for 2017.

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Refer to the following mentioned data. (in millions) 2017 2016 2015 net sales $ 34,379 $ 30,705 $ 26...

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