Jay gatsby owner of the great gatsby supply company was

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Jay Gatsby, owner of the Great Gatsby Supply Company, was reviewing monthly income statements for each month of 2010. He noticed gross profits were 45% of sales at the beginning of the year, January 2010, but had fallen to 20% of sales by December 2010. Mr. Gatsby is using __________ financial statement analysis?

1)Comparative Income Statement

2)breakeven analysis

3)marginal analysis

4)Management accounting analysis

5)Financial accounting analysis

6)Accrual Accounting Analysis

Reference no: EM13604346

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