The following is a summary of information presented on the financial statements of a company on December 31,2019. With respect to net sales revenue,a horizontal analysis reveals ________.
A) a 19.48% increase in net sales revenue
B) a 237.77% decrease in net sales revenue
C) a decrease of $51,000 in net sales revenue
D) a $51,000 increase in net sales revenue
Correct Answer:
Verified
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