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Horizontal analysis of income statement For 2 0 Y 2 , Macklin Inc. reported a significant decrease in net income. At the end of the

Horizontal analysis of income statement
For 20Y2, Macklin Inc. reported a significant decrease in net income. At the end of the year, John Mayer, the president, is presented with the following condensed comparative income statement:
Macklin Inc.
Comparative Income Statement
For the Years Ended December 31,20Y2 and 20Y1
\table[[,20Y2,20Y1
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