... Reporting Chapter 2: Financial Highlights—Question Current Year Prior Year Net sales or revenues $10,397 millions
Based on your preliminary review, does your company appear to be performing better than, equal to, or less favourably than in the prior year. Briefly explain.
The company is performing better in the current year compared to the previous year. This is because the net revenue of the company has increased from $9,792millions to $ 10397 million. The net income earned by the company has also relatively increased from the previous year to the current year. This increase in profits shows that ...