2018 2017 Sales 156,297 143,756 Net Income 26,782 38,129 What was the percentage change for each of these income statement line items? Do these changes look normal or do they raise a question? Explain
2018 2017 Sales 156,297 143,756 Net Income 26,782 38,129 What was the percentage change for each of these income statement line items? Do these changes look normal or do they raise a question? Explain
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 86PSA
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2018 2017
Sales | 156,297 | 143,756 |
Net Income | 26,782 | 38,129 |
What was the percentage change for each of these income statement line items?
Do these changes look normal or do they raise a question? Explain
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