Question
Perform a horizontal analysis for Davis Inc. Use 2017 as the base year. Do not enter dollar signs or commas in the input boxes. Round
Perform a horizontal analysis for Davis Inc. Use 2017 as the base year.
Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number.
| Davis Inc. In Millions of Dollars | |||
| 2019 | 2018 | 2017 | |
| Revenue | $500 | $355 | $329 |
| Revenue % of 2017 | Answer% | Answer% | Answer% |
| Net Income | $251 | $230 | $176 |
| Net Income % of 2017 | Answer% | Answer% | Answer% |
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Financial and Managerial Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
