How would you rate this company’s operating efficiency from 2011 through 2015? (Hint: take operating

How would you rate this company’s operating efficiency from 2011 through 2015? (Hint: take operating profit as a % of sales during this time period and note the trend).Relationships, Changes & Averages (Given)ACCOUNT2011201220132014Ave % ChangeAverage % of SalesChange in Sales2.4%4.65%4.26%3.77%Cosft of Goods60%60%60%60%60%Gross Margin (Gross Profit)40%40%40%40%40%SG&A14%22%20%19%18.75%Depreciation expenses1.28%1.07%.64%.41%.85%Operating Profit24.72%16.93%19.36%20.59%20.4%Interest expense2.53%2.92%1.94%3.2%2.65%Taxes8.65%5.93%6.78%7.21%7.14%Net Income13.54%8.09%10.65%10.18%10.61%

 

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