Refer to the information provided in E122. In E122, The following table shows Federer Sports Apparels income

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Refer to the information provided in E12€“2.
In E12€“2, The following table shows Federer Sports Apparel€™s income statements for 2016 and 2015.

Refer to the information provided in E12€“2. In E12€“2, The

Required:
Prepare a horizontal analysis for 2016 using 2015 as the baseyear.

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Financial Accounting

ISBN: 978-0078025549

3rd edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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