FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
The income statement of a corporation shows the following balance in Sales Revenue for the years 2017, 2016, and 2015.
2017: $676,000
2016: $625,000
2015: $610,000
Performing horizontal analysis on Sales Revenue would result in what percentage change for 2017? (Round to two decimal places.)
8% |
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108% |
||
2% |
||
11% |
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