Question
Don Williams received a memo requesting that he complete a trend analysis of the following numbers using 2018 as the base year. 2021 2020 2019
Don Williams received a memo requesting that he complete a trend analysis of the following numbers using 2018 as the base year.
| 2021 | 2020 | 2019 | 2018 | |||||||||
| Sales | $ | 370,000 | $ | 430,000 | $ | 450,000 | $ | 530,000 | ||||
| Gross profit | 210,000 | 270,000 | 370,000 | 430,000 | ||||||||
| Net income | 73,000 | 93,000 | 43,000 | 53,000 | ||||||||
Could you help Don with the request?
|
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Modern Auditing And Assurance Services
Authors: Philomena Leung, Paul Coram, Barry J. Cooper, Peter Richardson
6th Edition
1118615247, 9781118615249
