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Koreatown Merchandising Company Financial Data Dollar Percen 2015 $ 450,000 300,000 80,000 30,000 $ 40,000 Change Change 50,000 |-10% 380,000-420,000 |-4,5% 60,000 sa 0,000 133% 5000 | 20% 2014 $ 500,000 Sales Cost of Goods Sold Operating Expenses Income Taxes 25,000 Net Income sooo 5% Comparative Analysis Directions: Compute the year-over-year dollar change in each item. Then compute the percent change for each item. Use 2014 as the base year. That means you will subtract 2014 from 2015 to compute the dollar change and you will divide by 2014 amounts to get the percent change for 2015 After you have completed the calculations, write a paragraph in which you analyze the performance of Koreatown Merchandising Company based on the information you have just calculated from their finance statement data.
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