Toy Shop Inc Requirements:
1

question 89

Essay

Toy Shop Inc.has provided the following income statements:
$\begin{array}{lrrr}& 2011 &2010& 2009 \\\text { Net revenues } & \$ 3,787.2 & \$ 4,232.2 & \$ 3,304.5 \\\text { Cost of goods sold } & 1,674.0 & \$ 1,698.2 & 1,366.1 \\\text { Gross profit } & 2,113.2 & 2,534.0 & 1,938.4 \\\text { Operating expenses } & 2,217.5 & 2,206.5 & 1,613.5 \\\text { Income (loss) from operations } & (104.3) & 327.5 & 324.9 \\\text { Nonoperating income (loss) } & (121.7) & (53.7) & (21.4) \\\text { Income (loss) before taxes } & (226.0) & 273.8 & 303.5 \\\text { Income tax expense } & 81.4 & (84.9) & (97.1) \\\text { Net income (loss) } & (144.6) & 188.9 & 206.4\end{array}$ Requirements:
1.Compute net profit margin for each year.
2.Discuss some of the events which could have caused the changes to the net profit margin based on the income statement information above.

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Definitions:

Theoretical Propositions

Statements or concepts proposed within a theory that can be tested by research or observations.

Remodeling

The process of making changes, improvements, or additions to something, especially buildings, to enhance functionality or appearance.

Nursing

A healthcare profession focused on the care of individuals, families, and communities to maintain or recover optimal health and quality of life.

Human Needs

Basic or psychological requirements essential to the well-being and survival of individuals.