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Using the following operating data for Metlock Corporation, illustrate horizontal analysis. Net sales Cost of goods sold Operating expenses Net income 2020 $368,000 241,425 78,435
Using the following operating data for Metlock Corporation, illustrate horizontal analysis. Net sales Cost of goods sold Operating expenses Net income 2020 $368,000 241,425 78,435 48,140 2019 $320,000 166,500 124,500 29,000 2020 HORIZONTAL ANALYSIS % do % % % 2019 % % % %
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Cost Accounting Principles
Authors: Kinney Raiborn
14th Edition
9788131521069
