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Hall Corporation reported the following operating results for two consecutive years. Required Compute the percentage changes in Hall Corporations income statement components between the two
Hall Corporation reported the following operating results for two consecutive years.
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Compute the percentage changes in Hall Corporations income statement components between the two years. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., .234 should be entered as 23.4).)
HALL CORPORATION Income Statement 2014 2013 Percentage Change Sales Cost of goods sold Gross margin Operating expenses Income before taxes Income taxes Net income (loss) $ 1,298,000$ 1,001,000 600,600 400,400 196,500 203,900 52,300 $ 133,730 $ 151,600 798,270 499,730 305,000 194,730 61,000
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