If a company's net sales were \$100,000 in 2020 and \$120,000 in 2021, what is the percentage change in net sales?

If a company's gross profit margin decreases over several years despite increasing sales, what might this suggest about its financial health?

A company's inventory was valued at \$50,000 in 2019 and \$60,000 in 2020. Calculate the percentage change in inventory value.

A company had net sales of \$500,000 in 2018 and \$550,000 in 2019, and cost of goods sold of \$300,000 in 2018 and \$330,000 in 2019. Calculate the percentage change in gross profit.

Which financial statement would you analyze to assess changes in a company's equity over time?

Which financial statement would you analyze to assess changes in a company's liabilities over time?

A company reports a 20% increase in net sales and a 30% increase in cost of goods sold. What real-world factors could explain this discrepancy?

If a company's net sales increased by 10% but its cost of goods sold increased by 15%, what might this indicate to investors?