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When doing horizontal analysis of the Income Statements for 2006 and 2007, to get the percentage change in Net Income from 2006 to 2007, you

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When doing horizontal analysis of the Income Statements for 2006 and 2007, to get the percentage change in Net Income from 2006 to 2007, you divide the dollar change by the the dollar amount for 2006. the dollar amount for the 2007. the average dollar amount of 2006 and 2007. 100

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