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Jay Gatsby, owner of the Great Gatsby Supply Company, was reviewing monthly income statements for each month of 2010. He noticed gross profits were 45% of sales at the beginning of the year, January 2010, but had fallen to 20% of sales by December 2010. Mr. Gatsby is using __________ financial statement analysis?
1)Comparative Income Statement
2)breakeven analysis
3)marginal analysis
4)Management accounting analysis
5)Financial accounting analysis
6)Accrual Accounting Analysis
required to use the following case study and complete the tasks that are listed at the end of it
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