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Calculate the dollar amount and the percentage change

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Question - Calculate the dollar amount and the percentage change for each account balance shown below. Then write a brief explanation of the impact of those changes on the equity of the business.

 

2019

2020

Sales

10000

14000

COGS

(4400)

(5600)

Gross Margin

5600

8400

Operating Ex.

(2800)

(3200)

Net Income

2800

5200

Reference no: EM132968870

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