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Problem - Horizontal Analysis of Income Statement
The following data (in millions) is taken from the financial statements of Target Corporation.
2009
2008
Net sales (revenues)
$64,948
$63,367
Total operating expenses
60,546
58,095
a. For Target Corporation, comparing 2009 with 2008, determine the amount of change in millions and the percent of change for:
1. Net sales (revenues)
2. Total operating expenses
b. What conclusions can you draw from your analysis of the net sales and the total operating expenses?
Refer to Fabian Woodworks. If the company uses the units-of-production method, what is the depreciation rate per hour for the equipment?
ACCT551 Intermediate Accounting Assignment Help and Solution - DeVry University, USA - Homework Help - how much the preferred and common stockholders
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