-Sales went up 4.93% from last year.
-Cost of Goods Sold rose by a smaller percentage than sales, 3.97%
-Net income increased 11.45% from 1992 to 1993.
-Gross margin ratio for 1992 was 23.50% and for 1993, 24.21%.; a positive increase of 0.71%.
-Other expenses saw a spike of 6.43%. 56% of the increase belongs to Interest.Increase in interest expense is tied to increase in current and long-term debt in theBalance Sheet.
-Conclusion : Enager had a improvement of net income year to year due to an increasein sales, cost cutting measures and contained expenses.