Question: please answer Selected information for Biotech Company is given below. a) Calculate the horizontal trend percentage for these items using 2012 as the base year.
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Selected information for Biotech Company is given below. a) Calculate the horizontal trend percentage for these items using 2012 as the base year. Please make sure your final answer(s) are in percentage form and are accurate to the nearest whole percent. (For example: 12\%) b) Assuming all other things are constant, indicate whether the horizontal trend in operating expenses is favourable or unfavourable compared to the horizontal trend in gross profit from sales
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