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2 0 2 1 2 0 2 0 2 0 1 9 2 0 1 8 2 0 1 7 Sales $ 5 2 7

20212020201920182017
Sales $ 527,518 $ 344,783 $ 270,418 $ 191,786 $ 144,200
Cost of goods sold 271,634177,589141,21399,56173,542
Accounts receivable 25,63720,20418,47011,2009,907
Compute trend percents for the above accounts, using 2017 as the base year.Express the following comparative income statements in common-size percents. Using the common-size percents, which item is most
responsible for the decline in net income?
Complete this question by entering your answers in the tabs below.
Express the following comparative income statements in common-size percents. (Round your percentage answers to 1
decimal place.)
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