Question: Selected comparative income statement amounts for a company are shown below. Using 2021 as the base year for a horizontal analysis, which account reflects the

Selected comparative income statement amounts for a company are shown below.

Selected comparative income statement amounts for a company are shown below. Using 2021 as the base year for a horizontal analysis, which account reflects the most significant change that should be further analyzed. General and administrative expenses. Miscellaneous expense. Cost of Goods Sold. Interest expense. Sales

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