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YEAR 7 YEAR 6 YEAR 5 Index Change in Index Change in Index Statement Item No. Percent No. Percent No. Net sales 29% 100 90 .... Cost of goods sold ....... Gross profit..... Operating expenses 139 100 85 126 100 80 20 100 65 ... . Income before tax . 14 100 70 ..... Net income .... 129 100 75

YEAR 7 YEAR 6 YEAR 5 Index Change in Index Change in Index Statement Item No. Percent No. Percent No. Net sales 29% 100 90 .... Cost of goods sold ....... Gross profit..... Operating expenses 139 100 85 126 100 80 20 100 65 ... . Income before tax . 14 100 70 ..... Net income .... 129 100 75

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Compute increases (decreases) in percents for both Years 6 and 7 by entering all the missing data in the table below. Analyze and interpret any significant results revealed from this trend analysis.

 

 

Financial Statement Analysis YEAR 7 YEAR 6 YEAR 5 Index Change in Index Change in Index Statement Item No. Percent No. Percent No. Net sales 29% 100 90 Cost of goods sold Gross profit. 139 100 85 126 100 80 Operating expenses 20 100 65 Income before tax 14 100 70 et income , 33.3% Net income 129 100 75
Transcribed Image Text:Financial Statement Analysis YEAR 7 YEAR 6 YEAR 5 Index Change in Index Change in Index Statement Item No. Percent No. Percent No. Net sales 29% 100 90 Cost of goods sold Gross profit. 139 100 85 126 100 80 Operating expenses 20 100 65 Income before tax 14 100 70 et income , 33.3% Net income 129 100 75
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