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1) Reimer Company reports the following data: 2017 100% 26% 74% 35% 2016 100% 1690 84% 30% 54% ales Cost of Goods Sold Gross Profit

1) Reimer Company reports the following data: 2017 100% 26% 74% 35% 2016 100% 1690 84% 30% 54% ales Cost of Goods Sold Gross Profit erating Expenses Net Income When evaluating the results of operations, what can be said about Reimer Company? A) Using vertical analysis, the company's profitability declined in 2016 B) Using horizontal analysis, the company's profitability declined in 2016 C) Using vertical analysis, the company's profitability declined in 2017. D) Using horizontal analysis, the company's profitability declined in 2017

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