Examlex
How is the percentage change (for horizontal analysis) for sales from 2016 to 2017 computed?
Percent Differences
A measure representing the difference between two values as a percentage of one of the values.
Net Income
Net Income is the total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, indicating the company's actual profitability.
Net Sales
The total revenue from sales minus returns, allowances, and discounts.
Owners' Equity
The amount of the business that belongs to the owners after all debts and liabilities have been subtracted from total assets.
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