Income statements are presented for the Elf Corporation for the three years ending December 31, 2016, 2015,
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Income statements are presented for the Elf Corporation for the three years ending December 31, 2016, 2015, and 2014.
required: write a one-paragraph analysis of Elf Corporations profit performance for the period.
To the student: the focus of this exercise is on analyzing financial data rather than simply describing the numbers and trends. Analysis involves breaking the information into parts for study, relating the pieces, making comparisons, drawing conclusions, and evaluating case and effect.
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