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The Following Selected Amounts Were Extracted from the Financial Statements

Question 125

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The following selected amounts were extracted from the financial statements of Flamingo Corporation.
The following selected amounts were extracted from the financial statements of Flamingo Corporation. Prepare a trend analysis for net sales, cost of goods sold, and gross margin. (Round answers to the nearest tenth of 1 percent.) Use Year 1 as the base year. Prepare a trend analysis for net sales, cost of goods sold, and gross margin. (Round answers to the nearest tenth of 1 percent.) Use Year 1 as the base year.

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