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Required: Dollar amounts stated are in thousands. a . Compute trend percentages for the following items taken from the financial statements of Lopez Plumbing over
Required:
Dollar amounts stated are in thousands.
a Compute trend percentages for the following items taken from the financial statements of Lopez Plumbing over a fiveyear period. Treat as the base year.
b State whether the trends are favorable or unfavorable.
Complete this question by entering your answers in the tabs below.
Required
Compute trend percentages for the above items taken from the financial statements of Lopez Plumbing over a fiveyear period.
Treat as the base year.
Note: Round your answers to the nearest whole percent. ie as
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