SURVEY OF ACCOUNTING(LL)>CUSTOM PKG.<
SURVEY OF ACCOUNTING(LL)>CUSTOM PKG.<
5th Edition
ISBN: 9781264010653
Author: Edmonds
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 9, Problem 1E

Exercise 9-1 Horizontal analysis

Winthrop Corporation reported the following operating results for two consecutive years:

Chapter 9, Problem 1E, Exercise 9-1 Horizontal analysis Winthrop Corporation reported the following operating results for

Required

  1. a. Compute the percentage changes in Winthrop Corporation’s income statement components between the two years. Round percentages to one decimal point.
  2. b. Comment on apparent trends revealed by the percentage changes computed in Requirement a.
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