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Calculate Trend percents for all components of the income statements using 2020 as the base year. each formula must include the round function, rounding all
Calculate Trend percents for all components of the income statements using 2020 as the base year. each formula must include the round function, rounding all percents to 2 decimal places.
| 2024 | 2023 | 2022 | 2021 | 2020 | ||
| Sales | $56,000 | $50,000 | $46,000 | $39,000 | $34,000 | |
| Cost of goods sold | 33,000 | 31,000 | 24,000 | 23,000 | 22,000 | |
| Gross profit | 23,000 | 19,000 | 22,000 | 16,000 | 12,000 | |
| Operating expenses | 14,000 | 12,000 | 12,000 | 10,000 | 8,000 | |
| Net income | $9,000 | $7,000 | $10,000 | $6,000 | $4,000 |
| Your formula must include the ROUND function (XXX.XX% = 4 decimal places) |
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Information Technologies In Accounting And Auditing A Post-Soviet Approach
Authors: Sergiy Ivakhnenkov
1st Edition
3639285395, 978-3639285390
