Answered step by step
Verified Expert Solution
Question
1 Approved Answer
31 450 440 10 2.27% expenses Research and development expense Other expense Total operating expenses Income before income tax Income tax expense Net income (loss)
31
450 440 10 2.27% expenses Research and development expense Other expense Total operating expenses Income before income tax Income tax expense Net income (loss) 500 410 2,035 1,575 320 $1,255 460 720 2,230 420 250 $170 40 (310) (195) 1,155 $70 $1,085 8.7% (43.06)% (8.74)% 275% 28% 638.24% The horizontal analysis shows that cost of goods sold has (Round your answer to two decimal places.) O A. decreased by 47.39% B. increased by 47.39% C. decreased by 41.41% OD. increased by 41.41% 450 440 10 2.27% expenses Research and development expense Other expense Total operating expenses Income before income tax Income tax expense Net income (loss) 500 410 2,035 1,575 320 $1,255 460 720 2,230 420 250 $170 40 (310) (195) 1,155 $70 $1,085 8.7% (43.06)% (8.74)% 275% 28% 638.24% The horizontal analysis shows that cost of goods sold has (Round your answer to two decimal places.) O A. decreased by 47.39% B. increased by 47.39% C. decreased by 41.41% OD. increased by 41.41% 450 440 10 2.27% expenses Research and development expense Other expense Total operating expenses Income before income tax Income tax expense Net income (loss) 500 410 2,035 1,575 320 $1,255 460 720 2,230 420 250 $170 40 (310) (195) 1,155 $70 $1,085 8.7% (43.06)% (8.74)% 275% 28% 638.24% The horizontal analysis shows that cost of goods sold has (Round your answer to two decimal places.) O A. decreased by 47.39% B. increased by 47.39% C. decreased by 41.41% OD. increased by 41.41% 450 440 10 2.27% expenses Research and development expense Other expense Total operating expenses Income before income tax Income tax expense Net income (loss) 500 410 2,035 1,575 320 $1,255 460 720 2,230 420 250 $170 40 (310) (195) 1,155 $70 $1,085 8.7% (43.06)% (8.74)% 275% 28% 638.24% The horizontal analysis shows that cost of goods sold has (Round your answer to two decimal places.) O A. decreased by 47.39% B. increased by 47.39% C. decreased by 41.41% OD. increased by 41.41%Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started