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The following is a summary of information presented on the financial statements of a company on December 31, 2017. Account 2017 2016 Net Sales Revenue

The following is a summary of information presented on the financial statements of a company on December 31, 2017.

Account 2017 2016
Net Sales Revenue $601,000 $500,000
Cost of goods sold 456,000 405,000
Gross Profit 145,000 95,000
Selling Expense 51,000 53,0000
Net Income Before Income Tax Expense 94,000 42,000
Income Tax Expense 42,000 22,000
Net Income $52,000 $20,000

With respect to net sales revenue, a horizontal analysis reveals ________.

A. a 239.2% decrease in net sales revenue

B. a $51,000 increase in net sales revenue

C. a 20.2% increase in net sales revenue

D. a decrease of $51,000 in net sales revenue

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