When creating a waterfall chart for ABC Inc.’s 2018 net earnings, which of the data points do you need to set as totals? Select ALL correct answers.TaxesCost of Goods SoldInterestGross ProfitRevenueDepreciation & AmortizationNet EarningsSalaries & Benefits

Waterfall charts ___. (Select the correct answer.)1 pointDisplay detailed data and exact values in a tabular format Show the relationship between two numerical values Show a running total to help understand how an initial value is affected by a series of positive and negative changes

You've been provided with the following information about a businessComplete a horizontal analysis for the "Revenue" account. Round the percentage change to one decimal place (1 mark).Note: Do not enter the "%" symbol when entering your answer. For example if your answer is "5.1%", only enter "5.1". Profit and loss statement Current year Prior yearRevenue 15000 10000Less Cost of sales 6500 3000Gross profit 8500 7000Less expenses Marketing Expense 2000 1800Rent Expense 1500 1500Wages Expense 800 1000Utilities Expense 1500 1500Net profit 2700 1200

Total Revenue (TR) curve?

Provided below is summary income statement data for Freedom Corporation.   AmountSales $800,000Cost of goods sold 350,000Operating expenses 180,000Other expense 30,000Income tax expense 20,000Net income $220,000Using vertical analysis, what percentage is applicable to Cost of Goods Sold?Multiple Choice35.0%43.8%56.2%62.9%

Which two items’ subtotals are included in a multi-step income statement?Choose 2 answers Current liabilities Income from operations Total assets Gross profit