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Horizontal analysis (trend analysis) percentages for Olympic Companys sales, cost

Horizontal analysis (trend analysis) percentages for Olympic Companys sales, cost of goods sold, and expenses are listed

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Horizontal analysis (trend analysis) percentages for Olympic Company€™s sales, cost of goods sold, and expenses are listed here.

Explain whether Olympic€™s net income increased, decreased, or remained unchanged over the 3-yearperiod.

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20102009 Horizontal Analysis Sales Cost of goods sold Expenses 104.8% 97.0 95.4 2008 100.0% 100.0 100.0 96.290 102.0 105.6

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

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Question Posted: Apr 21, 2012 04:27 AM

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