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The following items were taken from the financial statements of Blossom, Inc., over a three-year period: Item Net Sales 2023 2022 2021 $350,000 $330,020
The following items were taken from the financial statements of Blossom, Inc., over a three-year period: Item Net Sales 2023 2022 2021 $350,000 $330,020 $290,000 Cost of Goods Sold 210,000 199,980 180,000 Gross Profit $140,000 $130,040 $110,000 Compute the amount and percentage change from 2021 to 2022. (Round percentages to 1 decimal place, eg. 17.5%) Item Net Sales Amount $ Percentage % Cost of Goods Sold Gross Profit $ 96 % Compute the amount and percentage change from 2022 to 2023. (Round percentages to 1 decimal place, eg. 17.5%) Item Net Sales Amount S Percentage Cost of Goods Sold Gross Profit $ 96
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