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Module #4/Week#4 Income Statement Calculations and Discussion Reread the Clark Company Case study from chapter #5 Part#1 due by Wednesday 11:59PM-Based on the case
Module #4/Week#4 Income Statement Calculations and Discussion Reread the "Clark Company" Case study from chapter #5 Part#1 due by Wednesday 11:59PM-Based on the case study income statement: 1) Calculate Revenue, COGS. Total Expenses and Net Profit for 2018, 2019 & 2020 based on the following: 2018: Revenu increases by 45% from 2007) COGS increases by 20% (from 2007) All expenses remain unchanged 2019: Revenue increases by 5% (from 2018) All expenses remain unchanged 2020: Revenue decreases by 15% (from 2019) COGS increases by 20% (from 2014) All expenses remain unchanged List out your final numbers (use below as a model) Revenue COGS Total Expenses Profit or Loss 2018 2019 2020 2) What are Clark's best Years? and Why? 3)What world events occurred in 2020 that would explain the decrease in revenue and increase in costs. Be specific and consider this through a GLOBAL lens 4)What do you think of the company's future?
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