McNally Industries has a condensed income statement as shown.
Using horizontal analysis,calculate the amount and percent change for sales.Round percentages to one decimal place.
A) $32,500,19.6%
B) $(32,500),(19.6)%
C) $32,500,16.4%
D) $(32,500),(16.4)%

Question

McNally Industries has a condensed income statement as shown. ​
 Using horizontal analysis,calculate the amount and percent change for sales.Round percentages to one decimal place.
A) $32,500,19.6% 
B) $(32,500),(19.6)% 
C) $32,500,16.4% 
D) $(32,500),(16.4)%

Quizplus · Accepted Answer

The Answer of McNally Industries has a condensed income statement as shown. ​
 Using horizontal analysis,calculate the amount and percent change for sales.Round percentages to one decimal place.
A) $32,500,19.6% 
B) $(32,500),(19.6)% 
C) $32,500,16.4% 
D) $(32,500),(16.4)%

McNally Industries Has a Condensed Income Statement as Shown