Richardson Company has a condensed income statement as shown. Using horizontal analysis, calculate the amount and percent change for sales. Round to one decimal place.
A) $(17,000), (11.3%)
B) $(15,500), (10.3%)
C) $(18,000), (10.9%)
D) $(15,500), (9.4%)

Question

Richardson Company has a condensed income statement as shown.​  Using horizontal analysis, calculate the amount and percent change for sales. Round to one decimal place.
A) $(17,000), (11.3%) 
B) $(15,500), (10.3%) 
C) $(18,000), (10.9%) 
D) $(15,500), (9.4%)

Quizplus · Accepted Answer

The Answer of Richardson Company has a condensed income statement as shown.​  Using horizontal analysis, calculate the amount and percent change for sales. Round to one decimal place.
A) $(17,000), (11.3%) 
B) $(15,500), (10.3%) 
C) $(18,000), (10.9%) 
D) $(15,500), (9.4%)

Richardson Company Has a Condensed Income Statement as Shown