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Author Question: Find the percent increase (or decrease) in net sales from last year to this year for the income statement. (Read 164 times)

chads108

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Question 1

A vertical analysis of an income statement shows the ratio of each item on the income statement to the:
◦ total income
◦ total sales
◦ net sales
◦ owner's equity

Question 2

Find the percent increase (or decrease) in net sales from last year to this year for the income statement.


◦ 6.3% decrease
◦ 6.9% increase
◦ 6.3% increase
◦ 6.9% decrease


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Marked as best answer by chads108 on Feb 26, 2020

amanda_14

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chads108

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Reply 2 on: Feb 26, 2020
YES! Correct, THANKS for helping me on my review


xiaomengxian

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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