, 18.11.2022 05:55 stacy05

# V. HOW FAR HAVE WE GONE COMPARATIVE REPORTDirection: Prepare a comparative report showing the peso increase-decrease method and percentage of changes. And write a brief comment on the facts revealed by your analysis.The data presented below are taken from the income statement of Jimbo Company for the years 20x3 and 20x4. 20x3 20x4SalesP 1, 050, 000P 1, 155, 000Sales Returns and Allowances50, 00055, 000Net Sales1, 000, 0001, 100, 000Less Cost of Goods Sold 400, 000460, 000Gross Profit on Sales600, 000640, 000Less Operating Expenses350, 000375, 000Net Operating Profit250, 000265, 000Less Other Expenses4, 000 -Net IncomeP 246, 000P 265, 000pa help po

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