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01. (20 marks) Licensure Amalgamation Inc has the following data 202020192018 2017 Net sales583000$75.000567.000560.000 Cost of goods sold 3100032.000 30.00026,000. Gross margin$ 19 000$13,000537,000$ 34.000
01. (20 marks) Licensure Amalgamation Inc has the following data 202020192018 2017 Net sales583000$75.000567.000560.000 Cost of goods sold 3100032.000 30.00026,000. Gross margin$ 19 000$13,000537,000$ 34.000 Operating expenses 26.00022 00019.00014.000 Net income$23.000521.000518 000$20.000 Required a Prepare an analysis showing the trend percentages for the four vear period using 2017 as the vear b. What do the trend percentages indicate regarding Licensure's income statement data
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Studies Of Company Records (RLE Accounting)1830-1974
Authors: J. R. Edwards
1st Edition
1138983306, 9781138983304
