Compute the amount and percentage of change for each item

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Reference no: EM132234177

Question - The following data relate to alpha company:

 

2018

2017

Sales

500,000

400,000

Cost of goods sold

240,000

200,000

Gross profit

260,000

200,000

Operating expenses

160,000

120,000

Profit

100,000

80,000

Required:

A. Compute the amount and percentage of change for each item.

B. Analyze and comment on the result of your computations.

Reference no: EM132234177

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