## Description

http://finance.yahoo.com/q/bs?s=CMG+Balance+Sheet&annual

http://finance.yahoo.com/q/is?s=cmg

2. What is the most current year of the income statement?

3. For the current year stated in #1, compute gross margin ratio. For the next closest year, compute the gross margin ratio. Did your company improve in this area or get worse?

4. For the current year stated in #1, compute the profit margin. For the next closest year, compute the profit margin. Did your company improve in this area or get worse?

When doing #3 and #4, show your work by labeling each number and show calculations.

State any assumptions that you may be making.

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