The Following Information Is Available for Escalante Computer Company

question 19

Essay

The following information is available for Escalante Computer Company.Analyze the gross profit margin making any calculations deemed necessary. $\begin{array}{lrrr}&2015&2014&2013\\\text { Product sales } & \$ 2,700 & \$ 2,400 & \$ 1,960 \\\text { Service revenues } & 380 & 50 & 40\\\text { Total sales }&\$3,080&\$2,450&\$2,000\\\text { Cost of products } & \$ 2,100 & \$ 1,750 & \$ 1,450 \\\text { Cost of services } & 260 & 35 & 30\\\text { Total cost of sales }& \$ 2,360 & \$ 1,785 & \$ 1,480 \\\text { Gross profit }&\$ 720 & \$ 665 & \$ 520\end{array}$

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