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Using the historical financial statement information provided for KAJ Manufacturing, calculate the 20X4 to 20X5 percentage...

Using the historical financial statement information provided for KAJ Manufacturing, calculate the 20X4 to 20X5 percentage changes for these income statement items:
AMOUNTS in MILLIONS
Fiscal Year Ended
December 31,20X5 December 31, 20X4
Sales $31,037 $25,333
Net Income $1,792

$1,398

a. Sales
b. Net Income

Solutions

Expert Solution

THERE ARE 2 WAYS OF CALCULATING THE ANSWER. BOTH METHODS ARE SHOWN


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