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Why not correct to compare dollar figures from year to year

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Reference no: EM132602875

Question 1: Why it is not correct to compare dollar figures from year to year? What should be compared from year to year instead, why?

Question 2: Why it is not accurate to use the gross margin percentage as the profit number

Question 3: What are some things that a retailer could do to lower their COGS, increasing their gross margin.

Question 4: What are some things that a retailer could do to lower their operating expenses increasing their profit

Reference no: EM132602875

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Why not correct to compare dollar figures from year to year : Why it is not correct to compare dollar figures from year to year? What should be compared from year to year instead, why? explain
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