Below is the comparative income statement of Variline, Inc. Requirements 1. Prepare a horizontal analysis of the

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Below is the comparative income statement of Variline, Inc.

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Requirements

1. Prepare a horizontal analysis of the comparative income statement of Variline, Inc. Round percentage changes to the nearest tenth of a percent.

2. Why did net income increase by a higher percentage than total revenues increased during 2018?

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Financial Accounting

ISBN: 978-0134727790

5th edition

Authors: Robert Kemp, Jeffrey Waybright

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