Week $6$ Assignment $1$: Horizontal and Vertical Analysis

Opened: Monday, June $3,2024,12$:$00$ AM

Due: Friday, June $14,2024,12$:$00$ AM

Based on the data below, compute the percentage decrease for Year $2023$ for Net Sales, Cost of Goods Sold, and Gross Profit:

Net Sales: Year $2022,$$$835,959$; Year $2023,$$$708,800$

Cost of Goods Sold: Year, $2022,$$$602,380$; Year $2023,$ $$520,260$

Gross Profit: Year $2022,$ $$233,570$; Year $2023,$ $$188,540$