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McNally Industries has a condensed income statement as shown. Year 2 Year 1 $165,500 147,500 18,000 Sales $198,00 163,000 Total operating expenses et income 35,00
McNally Industries has a condensed income statement as shown. Year 2 Year 1 $165,500 147,500 18,000 Sales $198,00 163,000 Total operating expenses et income 35,00 Using horizontal analysis, calculate the amount and percent change for sales. Round to one decimal place. a. $17,000, 9.4% Ob-$18,000, 10.9% Oc. $35,000, 17.7% Od. $32,500, 19.6%
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Auditing A Practical Approach
Authors: Robyn Moroney
1st Canadian Edition
978-1118472972, 1118472977, 978-1742165943
