Horizontal analysis (trend analysis) percentages for Carla Vista Company's net sales, cost of goods sold, and...
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Horizontal analysis (trend analysis) percentages for Carla Vista Company's net sales, cost of goods sold, and expenses are listed here. Horizontal Analysis Net sales Cost of goods sold Expenses 2020 to 2021 2022 2021 to 2022 94.9 % 102.1 105.2 2021 105.3 % 94.9 95.0 2020 Did Carla Vista's net income increase, decrease, or remain unchanged over the 3-year period? 100.0 % 100.0 100.0 Horizontal analysis (trend analysis) percentages for Carla Vista Company's net sales, cost of goods sold, and expenses are listed here. Horizontal Analysis Net sales Cost of goods sold Expenses 2020 to 2021 2022 2021 to 2022 94.9 % 102.1 105.2 2021 105.3 % 94.9 95.0 2020 Did Carla Vista's net income increase, decrease, or remain unchanged over the 3-year period? 100.0 % 100.0 100.0
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2020 to 2021 Net Sales 1053 1000 53 decrease Cost of Goods ... View the full answer
Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-0470239803
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date:
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