Refer to the calculations from M13-1. What are the two most significant year-over-year changes in terms of

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Refer to the calculations from M13-1. What are the two most significant year-over-year changes in terms of dollars and in terms of percentages? Give one potential cause of each of these changes.

Data From M13-1:

LOCKEY FENCING CORPORATION Income Statements For the Years Ended December 31 Net Sales Cost of Goods Sold

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Related Book For  book-img-for-question

Fundamentals of Financial Accounting

ISBN: 978-0078025914

5th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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