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Comparative Statements for Warmer Corporation Are Shown Below \quad \quad

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Comparative statements for Warmer Corporation are shown below:
\quad \quad \quad \quad \quad \quad Warmer Corporation\text {Warmer Corporation}
\quad \quad \quad \quad \quad Comparative Income Statements\text {Comparative Income Statements}
\quad \quad \quad \quad \quad For the years ended December 31\text {For the years ended December 31}
 Sales 201820172016 Cost of goods sold $14,800$13,229$13,994 Gross profit 8,2248,6618,375 Operating expenses 6,5714,5685,619 Operating income 3,6643,5763,487\begin{array}{|l|r|r|r|}\hline \text { Sales } & {2018} & {2017} &{2016} \\\hline \text { Cost of goods sold } & \$ 14,800 & \$ 13,229 & \$ 13,994 \\\hline \text { Gross profit } & 8,224 & 8,661 & 8,375 \\\hline \text { Operating expenses } & 6,571 & 4,568 & 5,619 \\\hline \text { Operating income } & 3,664 & 3,576 & 3,487 \\\hline\end{array} Calculate trend percentages for all income statement amounts shown and comment on the results. Use 2016 as the base year. Comment on the results.

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Definitions:

One-To-Many Relationship

A database relationship where a single record in one table is associated with multiple records in another table.

Subdatasheet

A feature in database software that displays related records within a datasheet, allowing for a hierarchical view of data where each row can be expanded to show related sub-records.

Expand Button

A user interface control that reveals additional content, options, or details not immediately visible by enlarging a section or opening a new interface element.

SalesPrice Field

A specific field in a database designated to hold the sales price of items or services.

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