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/finance Search for news, symbols or companies a News Finance Sports More My Portfolio News Markets Research Personal Finance Videos Hyundai Motor Company (HYMTF) Follow Compare News Research& 60.50 -0.30 (-0.49%) At close: August 13 at 4:00 PM EDT Chart Community Balance Sheet Cash Flow Devidends Statistics Historical Data All numbers in thousands Profile Currency in KRW Annual Quarterly Download Collapse All Holders יוויון Breakdown TTM 12/31/2023 12/31/2022 12/31/2021 12/31/2020 Total Revenue 165,543,425,000 162,663,579,000 142,151,469,000 117,610,626,000 103,997,601,000 Operating Revenue Cost of Revenue 165,543,425,000 131.353,259,000 Sustainability Gross Profit 34,190,166,000 Operating Expense 162,663,579,000 142,151,469,000 117,610,626,000 103,997,601,000 129,179,183,000 113,879,569,000 33,484,396,000 28,271,900,000 18,357,495,000 18,446,972,000 ► 11,656,741,000 12,709,579,000 10,160,083,000 11,412,632,000 95,680,131,000 85,515,931,000 21,930,495,000 18,481,670,000 15,251,546,000 16,086,999,000 Selling General and Admini... General & Administrative Ex... Selling & Marketing Expense Research & Development 13,899,690,000 6.603,839,000 2.257.340,000 2,065,163,000 1.515,341,000 9,399,401,000 2.163.445.000 10,644,416,000 1.759.707.000 8,644,742,000 1,449,597,000 9,963,035,000 1.534.993.000 1.337.872.000 A. 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%

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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Transcribed Image Text: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/finance Search for news, symbols or companies a News Finance Sports More My Portfolio News Markets Research Personal Finance Videos Hyundai Motor Company (HYMTF) Follow Compare News Research& 60.50 -0.30 (-0.49%) At close: August 13 at 4:00 PM EDT Chart Community Balance Sheet Cash Flow Devidends Statistics Historical Data All numbers in thousands Profile Currency in KRW Annual Quarterly Download Collapse All Holders יוויון Breakdown TTM 12/31/2023 12/31/2022 12/31/2021 12/31/2020 Total Revenue 165,543,425,000 162,663,579,000 142,151,469,000 117,610,626,000 103,997,601,000 Operating Revenue Cost of Revenue 165,543,425,000 131.353,259,000 Sustainability Gross Profit 34,190,166,000 Operating Expense 162,663,579,000 142,151,469,000 117,610,626,000 103,997,601,000 129,179,183,000 113,879,569,000 33,484,396,000 28,271,900,000 18,357,495,000 18,446,972,000 ► 11,656,741,000 12,709,579,000 10,160,083,000 11,412,632,000 95,680,131,000 85,515,931,000 21,930,495,000 18,481,670,000 15,251,546,000 16,086,999,000 Selling General and Admini... General & Administrative Ex... Selling & Marketing Expense Research & Development 13,899,690,000 6.603,839,000 2.257.340,000 2,065,163,000 1.515,341,000 9,399,401,000 2.163.445.000 10,644,416,000 1.759.707.000 8,644,742,000 1,449,597,000 9,963,035,000 1.534.993.000 1.337.872.000 A. 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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