Hers are the comparative condensed income statements of Pronghorn Corp. PRONGHORN CORP Condensed Income Statements For...
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Hers are the comparative condensed income statements of Pronghorn Corp. PRONGHORN CORP Condensed Income Statements For the Years Ended December 31 2022 2021 Net sales S640,900 $570,000 Cost of goods sold 429,403 407,550 Grass Profit 211,497 162.450 Operating expenses 76,908 39,900 Net income $134,589 $ 122,550 Prepare a horizontal analysis of the income statement data for Pronghorn Corp, using 2021as a base. (If amount and percentage area decrease show the numbers as negative eg.-55,000, -20% or (55,000), (20KL Round percentages to 1 decimal piace, eg. 12.1%) PRONGHORN CORP Condensed Income Statements Increase or (Decrease) During 2022 2022 2021 Amount Percentage Net sales S640,900 S570,000 Cast of goods sold 429,403 407,550 Gross Profit 211497 162,450 Operating exoensas 76,908 39,900 Net income $134,589 $122,550 Hers are the comparative condensed income statements of Pronghorn Corp. PRONGHORN CORP Condensed Income Statements For the Years Ended December 31 2022 2021 Net sales S640,900 $570,000 Cost of goods sold 429,403 407,550 Grass Profit 211,497 162.450 Operating expenses 76,908 39,900 Net income $134,589 $ 122,550 Prepare a horizontal analysis of the income statement data for Pronghorn Corp, using 2021as a base. (If amount and percentage area decrease show the numbers as negative eg.-55,000, -20% or (55,000), (20KL Round percentages to 1 decimal piace, eg. 12.1%) PRONGHORN CORP Condensed Income Statements Increase or (Decrease) During 2022 2022 2021 Amount Percentage Net sales S640,900 S570,000 Cast of goods sold 429,403 407,550 Gross Profit 211497 162,450 Operating exoensas 76,908 39,900 Net income $134,589 $122,550
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Related Book For
Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date:
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