Complete the horizontal analysis of Soopy's Used Cars.(Round all percentages to the nearest tenth of a percent. )
Definitions:
Market Power
The ability of a firm that is not a pure monopolist to earn persistently large profits, indicating that it has some monopoly power. Because the firm has few (or weak) competitors, it has a degree of freedom from vigorous competition.
Soviet Bloc
The group of communist states of Central and Eastern Europe, including the Soviet Union, that existed during the Cold War.
Capital Markets
Financial markets for buying and selling equity and debt instruments, facilitating the raising of capital by companies and governments.
High Rates
Elevated levels of interest, charges, or other financial metrics compared to a standard or average.
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