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The Goodberry Corporation data for the current year and prior year is as follows: Current year Prior year Account Current assets A/R Mdse. Inventory Current

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The Goodberry Corporation data for the current year and prior year is as follows: Current year Prior year Account Current assets A/R Mdse. Inventory Current liabilities Long- term liabilities Common stock (5,000 shares) $75,600 $59,400 $51,200 $71,500 $36,000 $47,460 $31,240 $609,700 $471,700 $60,000 $44,000 $40,000 $55,000 $30,000 $42,000 $17,000 $517,000 $387,000 en edi Retained eanings Net sales revenue er F COGS mic OA. There is an accounts receivable turnover of 10.26 times. les) B. There is a sales return of S0.11 . C. The cost of goods sold is 77.37% of net sales revenue. D. There was an increase of 17.93% in net sales revenue. Current liabilities Long -term liabilities Common stock (5,000 shares) Retained earnings Net sales revenue COGS Gross Profit Selling/General expenses Net income before taxes Income tax expense Net Income What would a horizontal analysis report with respect to net sales revenue? $71,500 $36,000 $47,460 $31,240 $609,700 $471,700 $138,000 $49,080 $88,920 $20,520 $68,400 $55,000 $30,000 $42,000 $17,000 $517,000 $387,000 $130,000 $52,000 $78,000 $18,000 $60,000 OA. There is an accounts receivable turnover of 10.26 times. OB. There is a sales return of $0.11 s C. The cost of goods sold is 77.37% of net sales revenue. n! O D. There was an increase of 17.93% in net sales revenue

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