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Revenue and Expense Data for Bluestem Company Are as Follows

question 158

Essay

Revenue and expense data for Bluestem Company are as follows: Revenue and expense data for Bluestem Company are as follows:   a) Prepare a comparative income statement, with vertical analysis, stating each item for both years as a percent of sales. b) Comment upon significant changes disclosed by the comparative income statement. Round percentages to one decimal place. a) Prepare a comparative income statement, with vertical analysis, stating each item for both years as a percent of sales.
b) Comment upon significant changes disclosed by the comparative income statement.
Round percentages to one decimal place.

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