Complete the following horizontal analyses of Dragonfly Corporations income statement. What was the largest percentage increase in
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Percent Change Change (in millions) Sales Cost of Goods Sold 2016 2015 $63.762 $1,890 30,096 31.794 15,897 7.844 142 7911 2,769 S 5,290 5.142 33,092 30,670 15,335 Gross Profit Selling. General, and Administrative Expenses Research and Development Expense Interest Expense Earnings Before Provision for Taxes Provision for Taxes Net Income 145 8,138 2,848
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in millions 2016 2015 Change Percent Change Sales 63762 61890 1872 30 Cost of Goods Sold ...View the full answer
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Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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