Express the comparative balance sheets of Sarot, Inc. (shown on the opposite page) as common-size statements, and

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Express the comparative balance sheets of Sarot, Inc. (shown on the opposite page) as common-size statements, and comment on the changes from 2009 to 2010. (Round computations to one decimal place.)

Sarot, Inc. Comparative Income Statements For the Years Ended December 31, 2010 and 2009 2010 2009 Net sales $720,000 44

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Principles Of Financial Accounting

ISBN: 9780538755160

11th Edition

Authors: Belverd E Needles, Marian Powers

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