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The following is a summary of information presented on the financial statements of a company on December 31, 2025 Account Net Sales Revenue 2025
The following is a summary of information presented on the financial statements of a company on December 31, 2025 Account Net Sales Revenue 2025 $600,000 2024 $501,000 DA Cost of Goods Sold 451,000 405,000 Gross Profit 155,000 96.000 Seling Expenses 56,000 53.000 Net Income Before Income Tax Expense 97,000 43.000 Income Tax Expense. 41,000 18,000 Net Income $55.000 $25,000 With respect to net sales revenue, a horizontal analysis reveals OA. $46,000 increase in net sales revenue OB. 20.06% increase in net sales revenue OC. a decrease of $46,000 in net sales revenue OD. 240.71% decrease in net sales revenue
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