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the following selected amounts were extracted from the financial statements of Boston Corporation year 4. year 3. year 2. year 1 net sales $175,000 $170,000
the following selected amounts were extracted from the financial statements of Boston Corporation
year 4. year 3. year 2. year 1
net sales $175,000 $170,000 $165,000 $150,000
cost of goods sold $109,000 $104,500 $100,500 $93,000
gross margin $66,000 $65,000 $64,500 $57,000
Prepare trend analysis for net sales, cost of goods sold, and gross margin. (Round answers to the nearest tenth of 1 percent.) Use year 1 as the base year
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