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When looking at the income statement for your firm, you notice that your Cost of Goods...

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Finance

When looking at the income statement for your firm, you noticethat your Cost of Goods Sold was $1M in 2012, $1.2M in 2013 and $2Min 2014. How will you determine if there is an issue you should beworried about? What other types of financial statements might youlook at to see if there is an issue and why? (at least 200words)

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