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Upc eBook Show Me How Horizontal Analysis of Income Statement The following data (in Millions) were taken from the financial statements of Tarrow Corporation: Recent

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Upc eBook Show Me How Horizontal Analysis of Income Statement The following data (in Millions) were taken from the financial statements of Tarrow Corporation: Recent Year Prior Year Revenue $572,984 $536,000 Operating expenses 490,656 456,000 Operating Income $82,328 $80,000 a. For Torrow Corporation, determine the amount of change in millions and the percent of change from the prior year to the recent year for: 1. Revenue 2. Operating expenses 3. Operating income (For those boxes in which you must enter negative numbers use a minus sign. Round percentage answers to one decimal place.) Amount of Change Percent of Change (in millions) (round to 1 decimal place) Increase or Decrease 1. Revenue % 2. Operating expenses 3. Operating income b. During the recent year, revenue prior year and operating expenses As a result, operating income from the Check My Work Previous Next >

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