Problem Algo Profitability ratios LO
The Haines Corporation shows the following financial data for and :
tabletimes times Sales$$Cost of goods sold,Gross profit,$$Selling & administrative expense,$$Operating profit,Interest expense,$$Income before taxes,Taxes $$Income after taxes,,
For each year, compute the following ratios and indicate how the change in each ratio will affect profitability in
Note: Input your answers as a percent rounded to decimal places.
tableXXProfitaa Cost of goods sold to sales,,b Selling and administrative expense to sales,,c Interest expense to sales,,
