Question

  The net profit margin for Tier 1, 2, & 3 in Month 1 was 27%, 26%,...

  The net profit margin for Tier 1, 2, & 3 in Month 1 was 27%, 26%, 11%. Calculate the change in net profit margin.

Change = Month 2 net profit % - Month 1 net profit margin %

[use whole numbers]

Month 2 Change in Net Profit Margin

Tier 1 is ____%.? Tier 2 is ____%? Tier 3 is ____%?

Tier 1

Profit and Loss Statement

Sales Revenue

$        45,809

COGS

$        15,399

Gross Profit

$        30,411

Expenses

$        18,376

Net Income

$        12,035

Tier 2

Profit and Loss Statement

Sales Revenue

$        41,048

COGS

$        12,368

Gross Profit

$        28,680

Expenses

$        18,926

Net Income

$          9,754

Tier 3

Profit and Loss Statement

Sales Revenue

$        34,964

COGS

$        13,587

Gross Profit

$        21,377

Expenses

$        18,601

Net Income

$          2,776
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