The comparative financial statements of B.Darin include the following data:
-Use the information above to answer the following question.Which of the following would be shown on B.Darin's horizontal analysis when calculating percentage changes from the prior year to the current year?
A) An increase in sales revenue of 23%
B) An increase in gross profit of 41.5%
C) An increase in interest expense of 100%
D) An increase in net income of 57%
Correct Answer:
Verified
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