Accounting

1. Gross Profit/Net Sales = Gross Profit Margin

2014: 6,925,000/19,023,000 = .364 = 36%

2013: 6,944,000/19,031,000 = .364 = 36%

2012: 6,990,000/19,279,000 = .362 = 36%

2. Operating Income/Net Sales = Operating Income Margin

2014: 1,689,000/19,023,000 = .0887 = 8.9%

2013: 1,742,000/9,031,000 = .0915 = 9.2%

2012: 1,890,000/19,279,000 = .0980 = 9.8%

3. Net income/Net Sales = Net Income Margin

2014: 867,000/ 19,023,000 = .0455 = 4.6%

2013: 889,000/19,023,000 = .0467 = 4.7%

2012: 986,000/19,279,000 = .0511 = 5.1%