Prepare a horizaontal analysis of the compaarative income statements of Mitchell Music Co. Round percetage changes to
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Mitchell Music Co. Comparative Income Statements Years Ended December 31, 2016 and 2015 201620 1,075,000$ 915,000 Total revenue Expenses Cost of goods sold Selling and general expenses Interest expense Income tax expense Total expenses $ 475,000 $ 406250 285,000 261,000 22,500 12,500 104,500 82150 887,000 761,900 188,000 153,100 Net income
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Related Book For
Financial Accounting
ISBN: 978-0134127620
11th edition
Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz
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