Horizontal analysis (trend analysis) percentages for Kemplar Companys 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.Horizontal Analysis 2019 2020 2018 Sales revenue Cost of goods sold Expenses 100.0 97.8 103.3 103.0 96.0 99.3 100.0 105.

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

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Related Book For  answer-question

Accounting Principles

ISBN: 978-1119419617

IFRS global edition

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

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