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Compute increases (decreases) in percents for both Years 6 and 7 by entering all the missing data in the table below. Analyze and interpret any significant results revealed from this trend analysis.


YEAR 7

YEAR 6

YEAR 5

Statement Item

Index No.

Change in Percent

Index No.

Change in

Percent

Index No.

Net sales

_____

29%

100

_____%

90

Cost of goods sold

139

_____

100

_____

85

Gross profit

126

_____

100

_____

80

Operating expenses

_____

20

100

_____

65

Income before tax

_____

14

100

_____

70

Net income

129

_____

100

_____

 

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  • Category:- Corporate Finance
  • Reference No.:- M9751623

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