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Question 4 Points: 25 Question 2 Question 2 (a) The following information is extracted from the income statement and balance sheet of Dixon Corporation: Sales
Question 4 Points: 25 Question 2 Question 2 (a) The following information is extracted from the income statement and balance sheet of Dixon Corporation: Sales Cost of goods sold Accounts receivable Year 2020 RM283,880 129,200 19.100 Year 2019 RM271.800 123,080 18,300 Required: (1) Compute the amount of change and percentage of change from 2019 to 2020, and the ratio of 2020 to 2019. (9 marks) Analyse whether the situation revealed by the trend appears to be favourable or unfavourable. (6 marks)
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