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Exercise 13-1A (Algo) Horizontal analysis LO 13-1 Campbell Corporation reported the following operating results for two consecutive years: Required a. Compute the percentage changes in

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Exercise 13-1A (Algo) Horizontal analysis LO 13-1 Campbell Corporation reported the following operating results for two consecutive years: Required a. Compute the percentage changes in Campbell Corporation's income statement components between the two years. (Negative amounts should be indicated by a minus sign. Round your answers to 1 decimal place. (l.e., 0.234 should be entered as 23,4).) Percentage Change Sales Cost of goods sold Gross margin Operating expenses Income before taxes Income taxes Net Income (loss) CAMPBELL CORPORATION Income Statements Your 3 Year 2 $ 1.298,000 $1,000,500 798,270 600,300 499,730 400,200 301,000 198,500 198,730 201,700 61,300 52,900 $ 137430 $ 148,800 %

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