Horizontal analysis (trend analysis) percentages for Kemplar Company's sales revenue, cost of goods sold, and expenses are
Question:
Did Kemplar's net income increase, decrease, or remain unchanged over the 3-year period?
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Horizontal Analysis Sales revenue Cost of goods so Expenss 201720162015 97.8 103.3 100.0 103.0 96.0 100.0 105.2 99.3 100.0
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Comparing the percentages presented results in the following conclusions The n...View the full answer
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Related Book For
Financial Accounting
ISBN: 978-1118978085
IFRS 3rd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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