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What is the percent change in sales for year two

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Reference no: EM133189010

Question - The Mullens Company reported the following:

 

Year 3

Year 2

Year 1

Sales

$32,000

$30,080

$28,600

Cost of goods sold

26,200

23,500

22,800

Inventory

1,850

1,600

1,440

Required - For a horizontal analysis, what is the percent change in sales for year 2?

Reference no: EM133189010

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