Using 2008 as the base year, prepare a trend analysis of the following data and tell whether

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Using 2008 as the base year, prepare a trend analysis of the following data and tell whether the situation shown by the trends is favorable or unfavorable. (Round your answers to one decimal place.)

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Financial Accounting

ISBN: 978-0538476010

11th edition

Authors: Belverd E. Needles, Marian Powers

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Question Posted: Sep 10, 2014 11:45 AM

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Using 2008 as the base year, prepare a trend analysis of the following data and tell whether

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2012 2011 2010 2009 2008 S50,040 S47,960 $48,400 S45,760 $44,000 34,440 30,800 31,080 29,40028,000 Nct sales Cost of goods sold General and administrative expenses10,560 10,36810,1769,792 9,600 Operating income 6,040 6,792 7,1446,568 6,400

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Comment Although sales increased over the fiveyear period operating income decreased because co...View the full answer

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