For RONA, comparing 2011 with 2010, determine the amount of change in millions and the percent of change for:
The following data in millions is taken from the financial
The following data (in millions) is taken from the financial statements of RONA inc. for years ended 2011 and 2010.
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a. For RONA, comparing 2011 with 2010, determine the amount of change in millions and the percent of change for:
1. Net sales (revenues)
2. Total operating expenses
b. What conclusions can you draw from your analysis of the net sales and the total operating expenses?