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For the following financial statement items, calculate trend percentages using Year 1 as the base year: Year 5 Year 4 Year 3 Year 2 Year
For the following financial statement items, calculate trend percentages using Year 1 as the base year:
| Year 5 | Year 4 | Year 3 | Year 2 | Year 1 | |
|---|---|---|---|---|---|
| Sales | $ 1,195,400 | $ 1,118,000 | $ 1,049,000 | $ 963,200 | $ 860,000 |
| Cost of sales | 752,400 | 704,000 | 671,000 | 616,700 | 559,000 |
| Gross profit | $ 443,000 | $ 414,000 | $ 378,000 | $ 346,500 | $ 301,000 |
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IT Audit In China
Authors: LIU Ruzhuo
1st Edition
981428145X, 978-9814281454
