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Below is the 2021 and 2022 income statements for Charlie Corp. Using vertical analysis, which of the following is true about Charlie Corp.? There was

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Below is the 2021 and 2022 income statements for Charlie Corp. Using vertical analysis, which of the following is true about Charlie Corp.? There was a decrease in the gross profit percentage from 2021 to 2022. All of the listed answers are correct. There was no change in the gross profit percentage from 2021 to 2022. There was an increase in net income percentage from 2021 to 2022

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