a. Prepare a comparative income statement with horizontal analysis, indicating the increase (decrease) for 2008 when compared

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a. Prepare a comparative income statement with horizontal analysis, indicating the increase (decrease) for 2008 when compared with 2007 . Round to one decimal place.

b. What conclusions can be drawn from the horizontal analysis?objs. 2, 3

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Financial Accounting

ISBN: 9780324380675

10th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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