10 of 174 complete HW Score: 16,36%, 16.36 of 100 pts E17-13 (similar to) its Data for Micain Designs, Inc. foliowe Son Text (Click the icon to view the data) media u Read the requirements Question Help zer Reses Requirement 1. Prepare a horontal analysis of the comparative income statement of Micatin Designs, Inc. Round percentage changes to one decimal place. (Round the percentages to one decimal place, XXS Use a mission de parentheses to indicata deces) nie Stud Micain Designs, Inc. es Comparative Income Statement unicatie Years Ended December 31, 2018 and 2017 Increase (Decrease) 2018 2017 Amount Percentage Net Sales Revenue 432,550 $ 374,000 EO Enter any number in the edit fields and then click Check Answer 1 Part femaining 2 Clear All Check Answer atin Designs, Inc. follow. Pearson e Text Click the icon to view the data.) Multimedia u Read the requirements Qunstion Help 2018 2017 Amount Percentage $ 432 550 S 374.000 Chapter Resoi Net Sales Revenue Dynamic Stud Expenses Modules Cont of Goods Sold Communicati Selling and Administrative Expenses Other Expenses Total Expenses Not Income 201.000 100.000 8.750 307.750 124,000 $ 180,000 94.750 5.000 289.750 34.250 Enter any number in the edit linids and then click Check Answer 1 part remaining Clear All Check And Data Table Question Help Data for Micatin Designs, Inc. follow Text click the icon to view the data) edia u Read the requirements compar Years Ended December 31, 2018 and 2017 2018 Reso Net Sales Revenue 2017 Stud Expenses 5 432,550 $ 374,000 nicatie Cost of Goods Sold Selling and Administrative Expens Other Expenses Total Expenses Net Income Net Sales Revenue Expenses Cost of Goods Sold Selling and Administrative Expenses Other spentes Total Expenses 201.000 100,000 8.750 189,000 94.750 5,000 307.750 289,750 Net Income $ 124,800 5 Enter any number in the edit fields an 34,250 1 Part Print remaining Done Data Table Question Help Micatin Designs, Inc. follow ack the icon to view the data.) 1 me requirements Requirements X les Revenue Bes: of Goods Sold ng and Administrative Expo Expenses 1. Prepare a horizontal analysis of the comparative income statement of Micatin Designs, Inc. Round percentage changes to one decimal place 2. Why did 2018 net income increase by a higher percentage than not sales revenue? Expenses come Print Done Net Income ny number in the edit fields an maining Print Done Check Answer A