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With respect to net income, a horizontal analysis reveals _______. The following is a summary of information presented on the financial st 2019 2018 $605,000

With respect to net income, a horizontal analysis reveals _______. image text in transcribed
The following is a summary of information presented on the financial st 2019 2018 $605,000 $503,000 457,000 406,000 $148,000$97,000 52,000 58,000 $96,000$39,000 35,00019,000 $61,000$20,000 Net Sales Revenue Cost of Goods Sold Gross Profit Net Income Before Income Tax Expense Net income With respect to net income, a horizontal a 205% decrease in net income c. a 205% increase in net income analysis reveals(Round your answer to two decimal places) reveals A, O B. that net income is 20.5% of net sales revenue O D. a $20,000 increase in net income Click to select your

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