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Prepare a horizontal analysis of the comparative income statement of Micatin Designs, Inc. Round percentage changes to one decimal place. Why did 2 0 2
Prepare a horizontal analysis of the comparative income statement of Micatin Designs, Inc. Round percentage changes to one decimal place.
Why did net income increase by a higher percentage than net sales revenue?
Requirement Why did net income increase by a higher percentage than net sales revenue?
Net income increased by a higher percentage than total net sales revenue during because
revenues and expenses remained the same
revenues increased at a higher rate than total expenses
revenues increased at a lower rate than total expenses
total expenses increased at a higher rate than revenues
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