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Analyze Vera Bradley, Inc. Bradley are as follows: Vera Bradley, Inc. Income Statements a. Prepare a horizontal analysis of the two income statements. Round percentages
Analyze Vera Bradley, Inc. Bradley are as follows: Vera Bradley, Inc. Income Statements a. Prepare a horizontal analysis of the two income statements. Round percentages to one decimal place. b. Which of the following statements is correct? a. Operating income increased in year 2 , this increase would be viewed favorably by stockholders. b. Revenues increased but there was a significant decrease in the cost of goods sold. c. Although revenue decreased, it was more than offset by a larger decrease in cost of merchandise sold and selling, general, administrative expenses
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