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Prepare horizontal analysis for the following extract of Income Statement Particulars Current Year Previous Year Change in Amt % change Sales revenue 730,000 680,000 Cost

Prepare horizontal analysis for the following extract of Income Statement

Particulars	Current Year	Previous Year	Change in Amt	% change
Sales revenue	730,000	680,000
Cost of goods sold	350,000	325,000
Gross Profit	380,000	355,000

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