Problem

(L. OBJ. 1) Horizontal Analysis [5—10 min] Hooser, Corp., reported the following on its...

(L. OBJ. 1) Horizontal Analysis [5—10 min]

Hooser, Corp., reported the following on its comparative income statement:

Requirement

1. Perform a horizontal analysis of revenues arid gross profit—both in dollar amounts and in percentages—for 2012 and 2011.

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Solutions For Problems in Chapter 14

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