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Yahoo! Inc Calculate the Gross Profit Ratio for All Three Years

Question 171

Essay

Yahoo! Inc. reported the following figures from their financial statements for the years 20X0 through 20X2: (In thousands) 20X220X120X0 Net revenues $203,270$70,450$21,490 Gross profit 176,52859,56516,768 Profit (loss) 25,588(25,520)(6,427) Cash flow from operations 110,278480(2,394) Trade receivables 24,83111,1634,648\begin{array} { | l | r | r | r | } \hline & \underline { 20 X 2 } & \underline { 20 X 1 } & \underline { 20 X 0 } \\\hline \text { Net revenues } & \$ 203,270 & \$ 70,450 & \$ 21,490 \\\hline \text { Gross profit } & 176,528 & 59,565 & 16,768 \\\hline \text { Profit (loss) } & 25,588 & ( 25,520 ) & ( 6,427 ) \\\hline \text { Cash flow from operations } & 110,278 & 480 & ( 2,394 ) \\\hline \text { Trade receivables } & 24,831 & 11,163 & 4,648 \\\hline\end{array} Calculate the gross profit ratio for all three years:
a. 20X2 __________
b. 20X1 __________
c. 20X0 __________

Correct Answer:

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a.86.8% (176,528/203...

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