Anthony Inc.reported the following amounts on its 2018 and 2019 income statements:
A.Compute the gross profit percentage for years 2018 and 2019.
B.Provide at least two potential causes for the change in Anthony's gross profit percentage.
Definitions:
Sand Blaster
A tool that uses pressurized air or water to project sand or another abrasive material at a surface for cleaning or shaping.
Foundry Worker
An individual who works in a foundry, molding metal into various shapes through casting processes.
Acute Bronchitis
An inflammation of the bronchial tubes, usually caused by viral infection, leading to coughing and difficulty breathing.
Infection
The entry and increase of pathogens such as bacteria, viruses, and parasites that are usually not found inside the body.
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