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Unformatted text preview: Freight-In 10,078 Net Cost of Purchases Merchandise After 76664 COG 242,513 Gross Margin 464150 Operating Expenses 372276 Net Profit 122334 2. I would basically use that sheet to tell me if they are making money or losing money, I would also want to see the owners equity and also the balance sheet just to make sure the company isnt cheating on certain things or something. C3 Because the dollar is weak compared to the Euro, every time they charge say, .99 Euros they are actually getting about a 1.10 or so in American dollars. Now, after a while this adds up to quite a bit of money and that is why they did more in Europe than in America. The sold probably about the same, maybe even less but they got more money in American dollars because of the ratio of dollar to Euros....
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