The following is a summary of information presented on the financial statements of a company on December 31, 2025. Accou
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The following is a summary of information presented on the financial statements of a company on December 31, 2025. Accou
company on December 31, 2025. Account Net Sales Revenue Cost of Goods Sold Gross Profit Selling Expenses Net Income Before Income Tax Expense Income Tax Expense Net Income 2025 $607,000 457,000 150,000 55,000 95,000 35,000 $60,000 2024 $504,000 403,000 101,000 50,000 51,000 26,000 $25,000 With respect to net sales revenue, a horizontal analysis reveals . O A. a 239.67% decrease in net sales revenue B. a decrease of $54,000 in net sales revenue O C. a $54,000 increase in net sales revenue OD. a 20.44% increase in net sales revenue
The following is a summary of information presented on the financial statements of a