Using vertical analysis (show your calculations), present values for this year and last year for Microsoft Corporation from their SEC 10-K Report. Link – https://www.sec.gov/Archives/edgar/data/789019/000119312516662209/d187868d10k.htm#tx187868_25:
- gross profit margin
- net profit margin (use the last “net income” line on the statement)
- Comment on changes: Are sales increasingly profitable? How is gross profit and net income changing, as a dollar value?