The following is a summary of information presented on the financial statements of a company on December 31, 2017. With respect to net sales revenue, a horizontal analysis reveals ________.
A) a 19.80% increase in net sales revenue
B) a 238.41% decrease in net sales revenue
C) a decrease of $52,000 in net sales revenue
D) a $52,000 increase in net sales revenue
Correct Answer:
Verified
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