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Please explain how to get the answers and the excel input functions in order to get the answer..thanks. Calculate trend percent for all components of
Please explain how to get the answers and the excel input functions in order to get the answer..thanks.
Calculate trend percent for all components of the income statements using 2019 as the base year
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Each formula must include the ROUND function, rounding all percents to 2 decimal places. (XXX.XX%) Sales Cost of goods sold Gross profit Operating expenses Net income Comparative Income Statements For Years Ended December 31, 2023-2019 2023 2022 2021 $44,000 $40,000 $37,000 26,000 25,000 20,000 18,000 15,000 17,000 11,000 9,000 9,000 $7,000 $6,000 $8,000 2020 $31,000 19,000 12,000 7,000 $5,000 2019 $27,000 18,000 9,000 6,000 $3,000 Your formula must include the ROUND function (XXX.XX% = 4 decimal places) 2022 2021 2020 2019 2023 $44,000 Sales Cost of goods sold Gross profit Operating expenses Net incomeStep by Step Solution
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