Richardson Company 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) $15,500,19.6%
B) $(15,500),(10.3)%
C) $15,500,10.3%
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 percentages to one decimal place.
A) $15,500,19.6% 
B) $(15,500),(10.3)% 
C) $15,500,10.3% 
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 percentages to one decimal place.
A) $15,500,19.6% 
B) $(15,500),(10.3)% 
C) $15,500,10.3% 
D) $(15,500),(9.4)%

Richardson Company Has a Condensed Income Statement as Shown