please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image) Zebra Company reports the following figures for the years ending December 31, 2023 and 2022:20232022$40,000$61,00043,00036,000$18,000$4,000What are the percentage changes from 2022 to 2023 for Net Sales, Cost of Goods Sold and Gross Profit, respectively? (Round your final answers to one decimal place, X.X%)Net SalesCost of Goods SoldGross ProfitA. 52.5%, 19.4%, 350%B. 100%, 350%, 19.4%C. 350%, 52.5%, 19.4%D. 100%, 0.8%, 0.2%

Horizontal analysis is the way to calculate the variance from the different year by year to show an…

Zebra Company reports the following figures for the years ending December 31, 2023 and 2022: 2023 2022 Net Sales $61,000 $40,000 Cost of Goods Sold 43,000 36,000 Gross Profit $18,000 $4,000 What are the percentage changes from 2022 to 2023 for Net Sales, Cost of Goods Sold and Gross Profit, respectively? (Round your final answers to one decimal place, X.X%) OA. 52.5%, 19.4%, 350% OB. 100%, 350%, 19.4% O c. 350%, 52.5%, 19.4% O D. 100%, 0.8%, 0.2%

Zebra Company reports the following figures for the years ending December 31, 2023 and 2022: 2023 2022 Net Sales $61,000 $40,000 Cost of Goods Sold 43,000 36,000 Gross Profit $18,000 $4,000 What are the percentage changes from 2022 to 2023 for Net Sales, Cost of Goods Sold and Gross Profit, respectively? (Round your final answers to one decimal place, X.X%) OA. 52.5%, 19.4%, 350% OB. 100%, 350%, 19.4% O c. 350%, 52.5%, 19.4% O D. 100%, 0.8%, 0.2%

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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