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25) The trend analysis report of Doppler, Inc. is given below (In millions): 25) - Net Income Trend percentages 2018 $700 175% 2017 $607 151%

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25) The trend analysis report of Doppler, Inc. is given below (In millions): 25) - Net Income Trend percentages 2018 $700 175% 2017 $607 151% 2016 $456 114% 2015 $403 100% 2014 $401 100% Which of the following is a correct conclusion from the above analysis? A) Net Income for 2017 decreased by 151% from 2016. B) Net income for 2018 increased by 175% from 2017. C) Net Income for 2018 is 175% of that for 2014 D) Net Income for 2017 is 151% of the previous year. 26) Pretty, Inc. provides the following data: 26) Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 2012 $28,000 40,000 53,000 124,000 $245,000 2016 $21,000 40,000 30,000 91,000 $182,000 Net Credit Sales Cost of Goods Sold Gross Profit $240.000 (130,000) $110,000 Calculate days' sales in inventory for 2017. (Round any intermediate calculations and your final answer to two decimal places.) A) 63.11 B) 148.81 C) 116.61 D) 84.23

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