If a company has sales of $130 in 2022 and $182 in 2021, the percentage decrease in sales from 2021 to 2022 is 40%.
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Q2: Companies report most changes in accounting principle
Q3: Comprehensive income includes all changes in stockholders'
Q5: Common size analysis expresses each item in
Q10: When the disposal of a significant segment
Q11: Improper recognition of income is not one
Q14: Because pro forma earnings are based on
Q15: A change in accounting principle occurs when
Q17: Comprehensive income includes all revenues, expenses, gains,
Q18: A primary purpose of vertical analysis is
Q20: Vertical analysis is a technique for evaluating
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