The following items were taken from the financial statements of Sunland, Inc., over a three-year period:...
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The following items were taken from the financial statements of Sunland, Inc., over a three-year period: Item Net Sales Cost of Goods Sold Gross Profit (a) Item Net Sales Cost of Goods Sold Your answer is correct. Compute the amount and percentage change from 2024 to 2025. (Round percentages to 1 decimal place, e.g. 17.5%. If amount and percentage are a decrease show the numbers as negative, eg.-55,000,-52.7% or (55,000), (52.7%)) Gross Profit (b) Item 2026 eTextbook and Media Net Sales Cost of Goods Sold $578,664 $535,800 $470,000 383,488 358,400 320,000 $195,176 $177,400 $150,000 Gross Profit $ 2025 Amount JUAN 65800 Amount 2024 38400 27400 Percentage Compute the amount and percentage change from 2025 to 2026. (Round percentages to 1 decimal place, es 17.5%. If amount and percentage are a decrease show the numbers as negative, eg. -55,000, -52.7% or (55,0001), (52.7%)) 14.0 % Percentage 12.0 182 % Attempts: 1 of 3 used % The following items were taken from the financial statements of Sunland, Inc., over a three-year period: Item Net Sales Cost of Goods Sold Gross Profit (a) Item Net Sales Cost of Goods Sold Your answer is correct. Compute the amount and percentage change from 2024 to 2025. (Round percentages to 1 decimal place, e.g. 17.5%. If amount and percentage are a decrease show the numbers as negative, eg.-55,000,-52.7% or (55,000), (52.7%)) Gross Profit (b) Item 2026 eTextbook and Media Net Sales Cost of Goods Sold $578,664 $535,800 $470,000 383,488 358,400 320,000 $195,176 $177,400 $150,000 Gross Profit $ 2025 Amount JUAN 65800 Amount 2024 38400 27400 Percentage Compute the amount and percentage change from 2025 to 2026. (Round percentages to 1 decimal place, es 17.5%. If amount and percentage are a decrease show the numbers as negative, eg. -55,000, -52.7% or (55,0001), (52.7%)) 14.0 % Percentage 12.0 182 % Attempts: 1 of 3 used %
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b Given 2025 Net Sales535800 Cost of goods sold358400 Gross Profit177400 2026 ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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