Using 2006 as the base year, prepare a trend analysis of the following data, and tell whether

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Using 2006 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.)

2007 2008 $25,520 $23,980 $24,200 $22,880 $22,000 15,400 15,540 14,700 14,000 2006 2010 2009 Net sales Cost of goods sol

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Financial and Managerial Accounting

ISBN: 978-1439037805

9th edition

Authors: Belverd E. Needles, Marian Powers, Susan V. Crosson

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