Connie's Specialties Inc. offers exclusive interior design services. The following revenue information was determined from Connie's records.Current YearConsultation servicesDesign servicesPrior Year$ 800,0001,500,000$1,000,0001,800,000Using a horizontal analysis, which is correct?Oa. Consultation services showed an increase in revenue of 25%.Ob. Design services showed an increase in revenue of 25%.Oc. Design services showed a decrease in revenue of 25%.Od. Consultation services showed a decrease in revenue of 25%.

Option A is correct, consulting services showed an increase in revenue by 25%.

Answered: Connie's Specialties Inc. offers…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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