Answer Happy

Find an annual report for a company of interest (perhaps your
employer). Publicly held company annual reports (10K) can be
located via Edgar Archives on the Security and Exchange website. To
perform the search in the Edgar Archives you can use either the
company name or "ticker symbol" for the company.[View instructions
on how to access the annual reports] Accounting Toolkit - Gross
Profit (Margin) Percentage Ratio (view before attempting discussion
assignment) Accounting Toolkit – Gross Profit (Margin) Percentage
Ratio Accessible Transcript Click on the link to "Interactive Data"
and then the link to the "Financial Statements". Locate and review
the Income Statement and Balance Sheet.
What is the name of your company?
What is the web address that leads to your financial
reports?
Why are you interested in this company?
Calculate the gross profit percentage.
Include calculations in post.
What have you learned from this analysis?
Does your company use the single step or multi-step income
statement format? Explain.