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McNally Industries Has a Condensed Income Statement as Shown

Question 174

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McNally Industries has a condensed income statement as shown.​ McNally Industries has a condensed income statement as shown.​   Using horizontal analysis, calculate the amount and percent change for sales. Round to one decimal place. A)  $32,500, 19.6% B)  $18,000, 10.9% C)  $35,000, 17.7% D)  $17,000, 9.4% Using horizontal analysis, calculate the amount and percent change for sales. Round to one decimal place.


A) $32,500, 19.6%
B) $18,000, 10.9%
C) $35,000, 17.7%
D) $17,000, 9.4%

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