\table[[(Dollars in Thousands),2024,2023,increase(decrease),998,723],[Net Sales,11,207,303,10,208,580,662,133,],[Cost of Sales,6,826,203,6,164,070,336,590,],[Gross Profit,4,381,100,4,044,510,299,262,],[Selling, general, admin expenses,2,694,561,2,395,299,-2,091,],[Pre-openingexpenses,8,510,10,601,39,419,],[Operating Income,1,678,029,1,638,610,12,688,],[Interest (income) expenses, net,17,622,4,934,,],[Income before...

50.1K

Verified Solution

Question

Accounting

\table[[(Dollars in Thousands),2024,2023,increase(decrease),998,723],[Net Sales,11,207,303,10,208,580,662,133,],[Cost of Sales,6,826,203,6,164,070,336,590,],[Gross Profit,4,381,100,4,044,510,299,262,],[Selling, general, admin expenses,2,694,561,2,395,299,-2,091,],[Pre-openingexpenses,8,510,10,601,39,419,],[Operating Income,1,678,029,1,638,610,12,688,],[Interest (income) expenses, net,17,622,4,934,,],[Income before income taxes,1,695,651,1,643,544,52,107,],[Incometax expenses,404,646,401,136,,],[Net Income,1,291,005,1,242,408,,]]
Horizontal Analysis balance sheet. Find the % change
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students