Financial Accounting > Presentation > Advance Auto Parts Financial Analysis ACCT 370 March, 2021 (All)
Advance Auto Parts Financial Analysis ACCT 370 March, 2021
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Advance Auto Parts (AAP) is a well-established company in the industry. Their income remains steady due to their strong foundation of products and principles. They average a 44% gross profit margi... n each year from sales of auto parts. However, expenses take nearly 90% of that profit. Once taxes and interest are factored in, their actual income at the end of each year averages around 10% of that gross profit margin. Income information on the next slides were pulled from the SEC 10-K reports [Show More]
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