The following items were taken from the financial statements of Crane, Inc., over a three-year period:...

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The following items were taken from the financial statements of Crane, Inc., over a three-year period: Item 2026 2025 2024 Net Sales $467,856 $433,200 $380,000 Cost of Goods Sold 311,584 291,200 260,000 Gross Profit $156,272 $142,000 $120,000 (a) Your answer is incorrect. Compute the amount and percentage change from 2024 to 2025. (Round percentages to 1 decimal place, e.g. 17.5%. If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -52.7% or (55,000), (52.7%).) Item Net Sales Cost of Goods Sold Gross Profit SA Amount Percentage % % % The following items were taken from the financial statements of Crane, Inc., over a three-year period: Item 2026 2025 2024 Net Sales $467,856 $433,200 $380,000 Cost of Goods Sold 311,584 291,200 260,000 Gross Profit $156,272 $142,000 $120,000 (a) Your answer is incorrect. Compute the amount and percentage change from 2024 to 2025. (Round percentages to 1 decimal place, e.g. 17.5%. If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -52.7% or (55,000), (52.7%).) Item Net Sales Cost of Goods Sold Gross Profit SA Amount Percentage % % %

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Percentage Change can be computed as 2025 Value 2024 2024 Value 100 For ... View the full answer