2) Mac Donald company reported the following on its comparative income statement: 2017 Revenue Cost of goods sold 2018 10,000 4,000 2019 14,000 9,000 9,000 6,000 Prepare a horizontal analysis of revenue, cost of goods sold and gross profit- both in OMR amounts and in percentages - 2018 and 2019.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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2) Mac Donald company reported the following on its comparative income statement:
2017
Revenue
Cost of goods sold
2018
10,000
4,000
2019
14,000
9,000
9,000
6,000
Prepare a horizontal analysis of revenue, cost of goods sold and gross profit- both in
OMR amounts and in percentages - 2018 and 2019.
Transcribed Image Text:2) Mac Donald company reported the following on its comparative income statement: 2017 Revenue Cost of goods sold 2018 10,000 4,000 2019 14,000 9,000 9,000 6,000 Prepare a horizontal analysis of revenue, cost of goods sold and gross profit- both in OMR amounts and in percentages - 2018 and 2019.
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