Company 1Company 2Company 3Company 4Company 52016 Income (£)810,492821,464858,715727,529901,2532017 Income (£)870,281822,829856,212759,778908,5342018 Income (£)863,425820,259858,933802,407903,1182019 Income (£)865,220821,412861,670812,365908,8692020 Income (£)868,532823,003860,244821,228910,024 You are reviewing major competitors' net income over the past 5 year period, with a view to understanding and predicting trends in graphic design companies. You want to understand the increase in net income from 2019 to2020.By dragging and dropping, please RANK the companies from GREATEST increase in net income between 2019 and 2020 to LOWEST increase in net income.12345ABCDECompany 1Company 2Company 3Company 4Company 5●●●●●●●●●

Net IncomeNet income refers to the total amount of profit a company has earned after deducting all…

Company 1 Company 2 Company 3 Company 4 Company 5 2016 Income (£) 810,492 821,464 858,715 727,529 901,253 2017 Income (£) 870,281 822,829 856,212 759,778 908,534 2018 Income (£) 863,425 820,259 858,933 802,407 903,118 2019 Income (£) 865,220 821,412 861,670 812,365 908,869 2020 Income (£) 868,532 823,003 860,244 821,228 910,024

Company 1 Company 2 Company 3 Company 4 Company 5 2016 Income (£) 810,492 821,464 858,715 727,529 901,253 2017 Income (£) 870,281 822,829 856,212 759,778 908,534 2018 Income (£) 863,425 820,259 858,933 802,407 903,118 2019 Income (£) 865,220 821,412 861,670 812,365 908,869 2020 Income (£) 868,532 823,003 860,244 821,228 910,024

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter2: Introduction To Financial Statements

Section: Chapter Questions

Problem 1PA: The following information is taken from the records of Baklava Bakery for the year 2019. A....

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Concept explainers

Operating Cash Flows

A cash flow statement (CFS) helps the company to know the amount of cash at its disposal, the activities that lead to earning cash, and the activities which require cash expenditure for a particular period. The statement represents the liquidity of the company.

Question

Company 1
Company 2
Company 3
Company 4
Company 5
2016 Income (£)
810,492
821,464
858,715
727,529
901,253
2017 Income (£)
870,281
822,829
856,212
759,778
908,534
2018 Income (£)
863,425
820,259
858,933
802,407
903,118
2019 Income (£)
865,220
821,412
861,670
812,365
908,869
2020 Income (£)
868,532
823,003
860,244
821,228
910,024

You are reviewing major competitors' net income over the past 5 year period, with a view to understanding and predicting trends in graphic design companies. You want to understand the increase in net income from 2019 to
2020.
By dragging and dropping, please RANK the companies from GREATEST increase in net income between 2019 and 2020 to LOWEST increase in net income.
1
2
3
4
5
A
B
C
D
E
Company 1
Company 2
Company 3
Company 4
Company 5
●●●
●●●
●●●

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