McDonald Corp. reported the following on its comparative income statement: Prepare a horizontal analysis of revenues and
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Prepare a horizontal analysis of revenues and gross profit€” both in dollar amounts and in percentages€” for 2017 and 2016.
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(in millions) Revenue Cost of Goods Sold 2016 $9,910 9,700 9,210 7,210 6,900 6,125 2017 2015
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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