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Essay text:
What is the major reason for the change in the answer for question 2 between 2000 and 2001?
2001 2000
Cost of Sales 10,041 7,549
Research and Development 2,016 1,630
Selling, General, and Administrative Expenses 4,544 4,072
Provision for Income Taxes 603 917
Net Revenues 18,250 15,721
Ratio Cost of Sales to Net Revenue 55% 48%
Ratio Research and Development to Net Revenue 11% 10%
Ratio Selling, General & Administrative Expenses to Net Revenue 25% 26%
Ratio Provision for Income Taxes to Net Revenue 3% 6%
4. Compute return on stockholders' equity for 2000 and 2001 using data from Exhibits 1 and 2...
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