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Horizontal analysis (trend analysis) percentages for Kemplar Company's sales revenue,

Horizontal analysis (trend analysis) percentages for Kemplar Company's sales revenue, cost of goods sold, and expenses are

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Horizontal analysis (trend analysis) percentages for Kemplar Company's sales revenue, cost of goods sold, and expenses are shown below.

Did Kemplar's net income increase, decrease, or remain unchanged over the 3-year period?

Transcribed Image Text:

Horizontal Analysis Sales revenue Cost of goods so Expenss 201720162015 97.8 103.3 100.0 103.0 96.0 100.0 105.2 99.3 100.0

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Comparing the percentages presented results in the following conclusions The n...View the full answer

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Financial Accounting

ISBN: 978-1118978085

IFRS 3rd edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Apr 07, 2017 11:33 AM

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