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| Topic: |
Business
|
| Number of pages / Number of words: |
7 / 1891 |
Essay's paper body
Then, get the result of that and divide by the first year taken. The results will be as follow:
1998-1999 = 291%
1999-2000 = 77%
2000-2001 = -51%
The net income/revenue (sales) for each year is calculated taken the net expenses less the total costs and expenses of the relevant year. The results for the four years are:
1998 = $1,114
1999 = $1,520
2000 = $2,393
2001 = $1,312
Considering the major income statement accounts for 2000 and 2001, which have the following data, the major reason for the change in the net income/revenue (sales) was the increase in cost of sales in 2001...
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The results for the four years are:
1998 = $1,114
1999 = $1,520
2000 = $2,393
2001 = $1,312
Considering the major income statement accounts for 2000 and 2001, which have the following data, the major reason for the change in the net income/revenue (sales) was the increase in cost of sales in 2001...
Essay fragment
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