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acct300_9-02_Question

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Question;For 2012, Blue Buffalo Company;initiated a sales promotion campaign that included the expenditure of an;additional $60,000 for advertising. At the end of the year, Tamara Wasnuk, the;president, is presented with the following condensed comparative income;statement;Instructions;1. Prepare;a comparative income statement for the two-year period, presenting an analysis;of each item in relationship to net sales for each of the years.;2. To;the extent the data permit, comment on the significant relationships revealed;by the vertical analysis prepared in (1).;(Warren 363-364);Warren;Carl S. Survey of Accounting, 6th Edition. Cengage Learning, 02/2012.;VitalBook file.

 

Paper#40011 | Written in 18-Jul-2015

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