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: Based on the data below, use horizontal analysis to compute the percentage increase from Year 2020 to Year 2021 for Net Sales and Net
- : Based on the data below, use horizontal analysis to compute the percentage increase from Year 2020 to Year 2021 for Net Sales and Net Income
Year 2020:
Net Sales = $600,000
Net Income = $80,000
Year 2021:
Net Sales = $710,000
Net Income = $95,000
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