The following is a summary of information presented on the financial statements of a company on December 31,2019. With respect to net income,a horizontal analysis reveals ________.(Round your answer to two decimal places. )
A)that net income is 11.03% of net sales revenue
B)a $29,000 increase in net income
C)a 110.34% decrease in net income
D)a 110.34% increase in net income

Question

The following is a summary of information presented on the financial statements of a company on December 31,2019.  With respect to net income,a horizontal analysis reveals ________.(Round your answer to two decimal places. )
A)that net income is 11.03% of net sales revenue 
B)a $29,000 increase in net income 
C)a 110.34% decrease in net income 
D)a 110.34% increase in net income

Quizplus · Accepted Answer

11ea8a75_4276_f3c3_a2a1_a3676176b284_TB6701_00

The Following Is a Summary of Information Presented on the Financial