Nexxus Computers reported the information shown as follows: (Click the icon to view the income...
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Nexxus Computers reported the information shown as follows: (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) Required 1. Is Nexxus Computers a merchandising entity, a service business, or both? How can you tell? List the items in Nexxus Computers' financial statements that influence your answer. 2. Compute Nexxus Computers' gross margin for fiscal years 2023 and 2022. Did the gross margin increase or decrease in 2023 ? Is this a good sign or a bad sign about the company? Requirement 1. Is Nexxus Computers a merchandising entity, a service business, or both? How can you tell? List the items in Nexxus Computers' financial statements that influence your answer. Nexxus Computers is List the items in Nexxus Computers' financial statements that influence your answer. (If a box is not used in the table, leave the box blank; do not select a label.) Income Statement Balance Sheet Requirement 2. Compute Nexxus Computers' gross margin for fiscal years 2023 and 2022 . Did the gross margin increase or decrease in 2023 ? Is this a good sign or a bad sign about the company? What is the gross margin for 2022? What is the gross margin for 2023? In 2023, the gross margin This is a sign about the company. To: The Owner From: Student Subject: Trend of sales, gross margin, and net income for Nexxus Computers In fiscal year 2023, Nexxus Computers' sales, gross margin, and net income These trends lead to outlook for the company. exxus Computers reported the information shown as follows: (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) equired . Is Nexxus Computers a merchandising entity, a service business, or both? How can you tell? List the items in Nexxus Computers' financial statements that influence your answer. 2. Compute Nexxus Computers' gross margin for fiscal years 2023 and 2022. Did the gross margin increase or decrease in 2023 ? Is this a good sign or a bad sign about the company? Income statement items in Balance sheet
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