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1) Comparative statements for Warmer Corporation are shown below: Warmer Corporation Comparative Income Statements For the vears ended December 31 2014 $13,994 18,375 5,619 3,487
1) Comparative statements for Warmer Corporation are shown below: Warmer Corporation Comparative Income Statements For the vears ended December 31 2014 $13,994 18,375 5,619 3,487 2016 2015 Sales $14,800 $13,229 Cost of goods 58,661 Gross profit 6,575 4,568 Operating expenses 3664 Operating ncome $992 alculate trend percentages for all income statement amounts shown and comment on the results. Use 2014 as the base year. Comment on the results
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