Using the income statement below, please compute the correct variance in total revenue (horizontal analysis) in Korean Won(Billion) and in percentage between the years ending 12/31/2023 and 12/31/2020 and chose the correct answer":yahoo/financeSearch for news, symbols or companiesMy PortfolloMarkets Research Personal FinanceVideosHyundai Motor Company (HYMTF)60.50 -0.30 (-0.49%)aCompare142.151.469000FinanceSportsCurrency in KRWOperating Revenue142 151,449.000117610,826.000Cost of Revenue113.879.569.00095,680,131,000 $5.515.931.60021.930.495.00018.481,670,000Operating Expanse16.066.999.00012.709.579.00010,100083,000 11.412632.000151.341.0001.449.597.000Selling & Marketing Expense8.644.742 0009.963,035.000A. 58,665,978,000 in KRW or 56.41%B. 56.775,778,000 in KRW or 46,21%C. 59,231,619,000 in KRW or 66,29%D. 62.589,770,000 in KRW or 71.59%

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Answered: Using the income statement below,…

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 83E

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Requirements 1. Prepare a comparative common-size income statement for Mariner Designs, Inc. using the 2024 and 2023 data. Round percentages to one-tenth percent. 2. To an investor, how does 2024 compare with 2023 ? Explain your reasoning
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What summary of financial performance can you conclude based on data given?
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