Question
Question 2 The following items were taken from the financial statements of SABIC Inc. over a three-years period: Items Y2017 Y2016 Y2015 Net Sales 700,000
Question 2
The following items were taken from the financial statements of SABIC Inc. over a three-years period:
| Items | Y2017 | Y2016 | Y2015 |
| Net Sales | 700,000 | 600,000 | 400,000 |
| COGS | 250,000 | 140,000 | ??????? |
| Gross profit | 450,000 | ??????? | 64,000 |
- Compute the missing values .
- Use horizontal analysis for the period 2016 and 2017.
- Explain whether the trend is favorable or unfavorable?
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Public Finance In A Changing World
Authors: Peter Birch Sorensen
1998th Edition
0333682211, 978-0333682210
