Perform a Horizontal Analysis for the Entry "Gross Sales" Shown

question 34

Multiple Choice

Perform a horizontal analysis for the entry "Gross Sales" shown on the income statement portion below. (Round to the nearest tenth) $\begin{array}{c}\begin{array}{lll}\\\\ \hline\text { Revenue}\\ \text { Gross Sales}\\ \text { Less: Sales Returns and Allowances Net Sales}\\\text { Net Sales }\\ \text { Taxes Payable}\\ \text { Operating Expenses }\\ \text { Salaries and Benefits}\\ \text { Rent and Utilities}\\ \text { Advertising and Promotions}\\ \text { Insurance}\\ \text { Miscellaneous Expenses}\\ \text {Total Operating Expenses}\end{array}\begin{array}{lll}\\2012\\ \hline \\\$ 258,000 \\7,100 \\250,900 \\\\\\84,600 \\21,300 \\1,425 \\2,250 \\17,000 \\\$ 126,575 \end{array}\begin{array}{lll}\\2011\\ \hline\\\$ 193,500 \\4,800 \\188,700 \\\\\\106,600 \\24,900 \\900 \\1,900 \\15,300 \\\$ 149,600 \end{array}\begin{array}{lll} \text { Increase/Decrease }\\ \text { Amount Percent}\\ \hline\\ \\ \\ \\\\\\\\\\\\\\\\\\\end{array}\end{array}$

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Definitions:

Organizational Factors

Elements within a workplace that can impact the flow and success of operations, including company culture, employee behaviors, and work environment.

Ethical Choices

Decision-making processes that take into account moral principles and values, aiming to do what is right and good.

Behavioral Cues

Non-verbal signals or actions by which individuals communicate their feelings, intentions, or instructions, often unconsciously.

Moral Intensity

Refers to the extent of ethical urgency that people perceive in a situation, influenced by outcomes and social consensus.