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Determine the effect on each company's net income if sales decrease by 20% and if sales increase by 7%. Do not prepare income statements. (Round
Determine the effect on each company's net income if sales decrease by 20% and if sales increase by 7%. Do not prepare income statements. (Round answers to 2 decimal places, eg. 10.52. If % change is negative, enter amount with either a negative sign or parenthesis, e.g.-10.52 or (10.52).) kes % Change in Net Income Sales decrease by 20% Traditional Yams Auto-Yams 9 Traditional Yams Auto-Yams LINK TO TEXT VIDEO: SIMILAR EXERCISE Determine the effect on each company's net income if sales decrease by 20% and if sales increase by 7%. Do not prepare income statements. (Round answers to 2 decimal places, eg. 10.52. If % change is negative, enter amount with either a negative sign or parenthesis, e.g.-10.52 or (10.52).) kes % Change in Net Income Sales decrease by 20% Traditional Yams Auto-Yams 9 Traditional Yams Auto-Yams LINK TO TEXT VIDEO: SIMILAR EXERCISE
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