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An accountant provides the following forecasting statement and notes that sales decreased by 10% this year. Sales Cost of Goods Sold Gross Profit Income Statement

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An accountant provides the following forecasting statement and notes that sales decreased by 10% this year. Sales Cost of Goods Sold Gross Profit Income Statement Actual Year 1 Forecasted Year 2 $6,500 $5,850 $4,000 $3,600 $2,500 $2,250 What can be delermined by this information? The company is forecasted to make $250 less profit in the next year. The company is forecasted to make $2,250 less profit in the next year. The company is forecasted to make $250 more profit in the next year. The company is forecasted to have $2.250 more profit in the next year. NEXT > BOOKMARK CLEAR

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