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The dollar value of a company's ending inventory on its balance sheet was $500,000, $600,000, and $400,000 for Years 1, 2, and 3, respectively. In

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The dollar value of a company's ending inventory on its balance sheet was $500,000, $600,000, and $400,000 for Years 1, 2, and 3, respectively. In preparing a horizontal analysis with Year 1 as the base year, the percentage change shown for Year 3 would be: O (25%) O (20%) 0 20% 80%

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