Horizontal analysis (trend analysis) percentages for Sunland Company's sales revenue, cost of goods sold, and expenses are listed Horizontal Analysis Net sales Cost of goods sold Expenses 2020 to 2021 2022 94.0 % 2021 to 2022 105.2 106.3 2021 108.7 % 94.2 94.9 2020 Did Sunland's net income increase, decrease, or remain unchanged over the 3-year period? 100.0 % 100.0 100.0
Horizontal analysis (trend analysis) percentages for Sunland Company's sales revenue, cost of goods sold, and expenses are listed Horizontal Analysis Net sales Cost of goods sold Expenses 2020 to 2021 2022 94.0 % 2021 to 2022 105.2 106.3 2021 108.7 % 94.2 94.9 2020 Did Sunland's net income increase, decrease, or remain unchanged over the 3-year period? 100.0 % 100.0 100.0
Chapter1: Financial Statements And Business Decisions
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