Richardson Company Has a Condensed Income Statement as Shown

question 83

Multiple Choice

Richardson Company has a condensed income statement as shown. Using horizontal analysis, calculate the amount and percent change for sales. Round percentages to one decimal place.

• A)$15,500, 19.6%
• B)($15,500), (10.3%)
• C)$15,500, 10.3%
• D)($15,500), (9.4%)