Hall Corporation reported the following operating results for two consecutive years.

Required:

Compute the percentage changes in Hall Corporation's income statement components between the two years. (Negative answers shoud be indicated by a minus sign. Round your answers to 1 decimal place. (i. e., 234 should be entered as 23.4.)

Hall Corporation
Income Statement
2014 2013 Percentage change
Sales $1,297,000 $1,001,000
Cost of Goods Sold 797,655 600,600
Gross margin 499,345 400,400
Operating expenses 302,000 198,000
Income before taxes 197,345 202,400
Income taxes 61,400 52,600
Net income (loss) $135,945 $149,800

The table shows the demand and supply schedules for magazines. complete the following sentences. the equilibrium price of a magazine is $ 4 and the equilibrium quantity is 150 magazines a week. price (dollars per magazine) quantity demanded quantity supplied (magazines per week) 3.00 160 138 3.50 155 144 4.00 150 150 4.50 145 156 5.00 140 161 now a fall in the price of a newspaper decreases the quantity demanded by 11 magazines a week at each price. at the original equilibrium price, a occurs. to return to equilibrium, the price of a magazine a. surplus; rises b. shortage; rises c. shortage; falls d. surplus; falls as the market returns to equilibrium, the quantity demanded and the quantity supplied a. decreases; increases b. decreases; decreases c. increases; decreases d. increases; increases the new equilibrium price is $ nothing a magazine.

Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.

Sunset foods relies on a highly centralized functional structure to ensure consistency in the quality and taste of its products and to drive down costs via process innovations. however, as a consequence of its highly compartmentalized structure, the firm has found it difficult to transfer information and ideas from one department to the next. with the launch of its new line of breakfast foods coming up, how can sunset improve its ability to collaborate without sacrificing the benefits of its current structure