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11. Test Your Practical Skills: If you are told that LSJ Companys net income (12/31/2023) was $1,000,000 and net income (12/31/2022) was $500,000 Applying your

11. Test Your Practical Skills: If you are told that LSJ Companys net income (12/31/2023)

was $1,000,000 and net income (12/31/2022) was $500,000 Applying your horizontal

analysis tools and calculate the net increase in dollars and in a percentage year over

Year:

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