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The following items were taken from the financial statements of Carla Vista Manufacturing Inc. over a three-year period: Item 2023 2022 2021 Net Sales $203,850
The following items were taken from the financial statements of Carla Vista Manufacturing Inc. over a three-year period: Item 2023 2022 2021 Net Sales $203,850 $188.100 $180.000 Cost of Goods Sold 171.500 155,050 140.000 Gross Profit $ 40,400 $37.400 $ 40,000 Using horizontal analysis and 2021 as the base year,compute the trend percentages for net sales, cost of goods sold, and gross profit (Round answers to decimal places es 111%)
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