Q12: Financial statements for Longman Company follow: Longman Company Income Statements for the...
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Q: Financial statements for Longman Company follow: Longman Company Income Statements for the Years Ended December Unit: $ Revenues Net sales Expenses Cost of goods sold General, selling, and administrative expenses Interest expense Income before taxes Income tax expense Net income Required: a Analysis vertical common and comment b Prepare a trend analysis and comment. c Cal PROFITABLITY ANALYSIS 
Q: Financial statements for Longman Company follow:
Longman Company
Income Statements
for the Years Ended December
Unit: $
Revenues
Net sales
Expenses
Cost of goods sold
General, selling, and administrative
expenses
Interest expense
Income before taxes
Income tax expense
Net income
Required:
a Analysis vertical common and comment
b Prepare a trend analysis and comment.
c Cal PROFITABLITY ANALYSIS
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