Question

The comparative financial statements prepared at December 31, 2014, for Goldfish Company showed the following summarized data:
Required:
1. Complete the following columns for each item in the preceding comparative financial statements:
2. Answer the following:
a. By what amount did working capital change?
b. What was the percentage change in the average income tax rate?
c. What was the amount of cash inflow from revenues for 2014?
d. What was the percentage change for the average markup realized on sales?


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  • CreatedAugust 04, 2015
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