Multiple Choice
The following is summary of information presented on the financial statements of a company on December 31,2017.
With respect to net income,a horizontal analysis reveals ________.(Round your answer to two decimal places. )
A) that net income is 134.62% of net sales revenue
B) a $26,000 increase in net income
C) a 134.62% decrease in net income
D) a 134.62% increase in net income
Correct Answer:
Verified
Correct Answer:
Verified
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