Question
Prepare a horizontal analysis of the following excerpt of an income statement. Eye Witness Security GmbH Income Statement 2012 2011 Net sales 540.400 573.000 Cost
Prepare a horizontal analysis of the following excerpt of an income statement. Eye Witness Security GmbH Income Statement
|
| 2012 | 2011 |
| Net sales | 540.400 | 573.000 |
| Cost of goods sold | 130.300 | 165.800 |
| Gross profit (loss) | 410.100 | 407.200 |
| Operating expenses | 264.900 | 205.100 |
| Net income (loss) | 145.200 | 202.100 |
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Construction accounting and financial management
Authors: Steven j. Peterson
2nd Edition
135017114, 978-0135017111
