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Calculate the dollar amount and the percentage change

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Reference no: EM132957822

Question - Calculate the dollar amount and the percentage change for each account balance shown below. Then write a brief explanation of the impact of those changes on the equity of the business.

2019 2020

Sales 10000 14000

COGS (4400) (5600)

Gross Margin 5600 8400

Operating Ex. (2800) (3200)

Net Income 2800 5200

Reference no: EM132957822

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