29. (12 min.)
Item 1999 1998 1997 1996
Net Sales 180% 130% 110% 100%
Cost of Goods Sold 160% 120% 105% 100%
Gross Profit 260% 170% 130% 100%
The trend in net sales is increasing and favorable. The cost of
goods sold trend is increasing which could be unfavorable, but the
sales are increasing each year at a faster pace than cost of goods
sold. This is apparent by examining the gross profit percentages,
that show a favorable, increasing trend.