Essay
Percentage changes
Selected information from the financial statements of Perfectly Baked Cake Co.appears below: 
(a)Compute the percentage change in each of the above items from 2014 to 2015.Use a + or - to indicate increase or decrease. 
(b)Compute net income as a percentage of net sales in each year.(Round to the nearest one-tenth of 1%) 
Correct Answer:
Verified
Correct Answer:
Verified
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