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Business, 30.09.2019 20:30 dalechloe5596

The following is a summary of information presented on the financial statements of a company on december 31, 2017.account20172016net sales revenue $604,000 $504,000cost of goods sold453,000400,000gross profit 151,000104,000selling expenses58,00050,000net income before income tax expense93,00054,000income tax expense41,00021,000net income$52,000$33,000with respect to net sales revenue, a horizontal analysis reveals

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