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determine the net income for the following years. did the net income increase, decrease, or remain unchanged in this three-year period.

Exercise 13-5 Determining income effects from common-size and trend percents LO P1, P2 Common-size and trend percents for Rus
Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-ye
etermine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-yea
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Answer #1

A B C D E F G 2 Particulars 2017 2016 2015 3 Sales 105.40% 105400.00 104.2% 104200.00 100% 100000.00 4 Cost of goods sold 113A B C D E F G 2 Particulars 2017 2016 2015 3 Sales 1.054 =+E3/D3*B3 1.042 =+G3/F3*D3 1 100000 4 Cost of goods sold 1.131 =+E4

The Net Profit Decreases in the three year period

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