Donald Corp

question 40

Essay

Donald Corp.reported the following on its comparative income statement (in millions):

Prepare a horizontal analysis of revenues and cost of goods sold,both in dollar amounts and in percentages,for 2016 and 2017.(Round your percentage answers to two decimal places. )

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Definitions:

Scale

A concept in economics that refers to the level at which a company or economy operates, particularly in terms of production and cost efficiency.

Soybean Grower

An individual or entity engaged in cultivating soybeans, often as a commercial farming operation, focusing on the production of soy for various uses including food products and industrial applications.

Average Total Cost

The total cost of production divided by the quantity produced, indicating the cost on average of producing each unit.

Mixers

Devices or software used to blend or combine various audio or other elements into a coherent whole.