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Horizontal analysis (trend analysis) percentages for Dody Companys sales revenue,

Horizontal analysis (trend analysis) percentages for Dody Companys sales revenue, cost of goods sold, and expenses are

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Horizontal analysis (trend analysis) percentages for Dody Company€™s sales revenue, cost of goods sold, and expenses are shown below.

Did Dody€™s net income increase, decrease, or remain unchanged over the 3-yearperiod?

Transcribed Image Text:

Horizontal Analysis Sales revenue Cost of goods sold Expenses 2015 96.2 102.0 109.6 2014 106.8 97.0 98.4 2013 100.0 100.0 100.0

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Comparing the percentages presented results in the fo...View the full answer

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Mugdha Sisodiya

My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional. Since 2012 I am providing home tutions.

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Accounting Principles

ISBN: 9781118566671

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Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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Question Posted: Jan 30, 2014 03:29 AM

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