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Question 35 5 pts For the following financial statement items, calculate trend percentages using Year 1 as the base year: Round to nearest tenth Sales
Question 35 5 pts For the following financial statement items, calculate trend percentages using Year 1 as the base year: Round to nearest tenth Sales Cost of sales Gross profit Year Year 4 Year 3 Year 2 Year 1 $1,195,400 $1,118,000 $1,049,000 $963,200 $860,000 752.400 704,000 671,000 616,700 559.000 $443,000 $414,000 $378,000 $346,500 $301.000 Year 5 Year 4 Year 3 Year 2 Year 1 Sales % %6 26 96 Cost of Sales % % R Gross Profit 56 96
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