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Assume that the operating trends between

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The following information was drawn from the records of Moore Sales Company:

2131_264-B-A-M-B (1280).png

Required: 

a. Prepare a multi step income statement for each year. 
b. Prepare a common size income statement for each year. 
c. Assume that the operating trends between 2013 and 2014 continue through 2015. Write a brief memo indicating whether you expect net income to increase or decrease in 2015.

Reference no: EM13933627

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