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Faso Fabricating, Inc. and Spinoza Fabrication Corp. are in the same industry and are located in the same region of the country. They have condensed income statements as shown. Using horizontal analysis, calculate the percent change for net income for each company. Round percentages to one decimal place.
Active Ingredient
The component in a substance or product that is responsible for its therapeutic effects.
Marijuana
A psychoactive drug from the Cannabis plant used for medical or recreational purposes, known for its soothing effects.
THC
Tetrahydrocannabinol, the principal psychoactive constituent of cannabis.
Meditation
A practice of concentrated focus upon a sound, object, visualization, the breath, movement, or attention itself in order to increase awareness of the present moment, reduce stress, promote relaxation, and enhance personal and spiritual growth.
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