Below is some information taken from the income statements of RPG and RPM Co.
A)Using time series (or trend) analysis, comment on the trend of RPG's cost of goods sold and gross profit.
B)Using cross sectional analysis, compare RPG's gross profit to that of RPM.

Question

Below is some information taken from the income statements of RPG and RPM Co.  ​
A)Using time series (or trend) analysis, comment on the trend of RPG's cost of goods sold and gross profit. 
B)Using cross sectional analysis, compare RPG's gross profit to that of RPM.

Quizplus · Accepted Answer

The Answer of Below is some information taken from the income statements of RPG and RPM Co.  ​
A)Using time series (or trend) analysis, comment on the trend of RPG's cost of goods sold and gross profit. 
B)Using cross sectional analysis, compare RPG's gross profit to that of RPM.

Below Is Some Information Taken from the Income Statements of RPG