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ne Towing is a summary of tormation presented on the ninancial statements or a company...

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Accounting

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ne Towing is a summary of tormation presented on the ninancial statements or a company on vocember 31, 2020 Account Net Sales Revenue Cost of Goods Sold Gross Profit Selling Expenses Net Income Before Income Tax Expense Income Tax Exponse Net Income 2025 $601,000 450,000 $151,000 51,000 $100,000 39.000 $61,000 2024 $504,000 403,000 $101,000 50,000 $51 000 18,000 $33,000 (Round your answer to two decimal places) With respect to net income, a horizontal analysis reveals OA a $33,000 increase in net income OB that net income is 8 48% of net sales revenue OC 84 85% decrease in net income OD a 84 85% increase in not income Click to select your

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