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Using the following operating data for Larkspur Corporation, illustrate horizontal analysis. \table[[,2020,2019,HORIZONTAL ANALYSIS],[,2020,,2019,],[Net...

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Accounting

Using the following operating data for Larkspur Corporation, illustrate horizontal analysis.
\table[[,2020,2019,HORIZONTAL ANALYSIS],[,2020,,2019,],[Net sales,$364,800,$320,000,,%,,%],[Cost of goods sold,245,280,168,000,,%,,%],[Operating expenses,80,600,124,000,,%,,%],[Net income,38,920,28,000,,%,,%
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