The Following Selected Amounts Were Extracted from the Financial Statements

question 60

Essay

The following selected amounts were extracted from the financial statements of Luca Corporation.
Compute the following for net sales,cost of goods sold,and gross margin.(Round answers to the nearest tenth of 1 percent. )
a.The percentage change from Year 1 to Year 2
b.The percentage change from Year 2 to Year 3
c.The percentage change from Year 3 to Year 4

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