Complete a trend analysis from the following data of Howard Corporation using 2020 as the base year (Round to the nearest percent ) Sales Gross Profit Net Income 2023 $620,000 169,000 48,400 2022 $530,000 141,500 40,000 2021 $440,000 112,000 23,200 2020 $350,000 124,400 38,400...

Complete a trend analysis from the following data of Howard Corporation using 2020 as the base year.

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Complete a trend analysis from the following data of Howard Corporation using 2020 as the base year. (Round to the nearest percent.)

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College Accounting A Practical Approach Chapters 1-25

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Authors: Jeffrey Slater, Mike Deschamps

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Complete a trend analysis from the following data of Howard Corporation using 2020 as the base year.

Question:

Sales Gross Profit Net Income 2023 $620,000 169,000 48,400 2022 $530,000 141,500 40,000 2021 $440,000 112,000 23,200 2020 $350,000 124,400 38,400

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College Accounting A Practical Approach Chapters 1-25

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