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2. In the current year, Komatsu Co. reported net income of $650,000, which was about 5% decreases over prior year net income. What is prior

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2. In the current year, Komatsu Co. reported net income of $650,000, which was about 5% decreases over prior year net income. What is prior year net income? Show all calculations. (4 points) Do not carry any decimal. 3. Below is data for General Mill YEAR 2014 2015 2016 2017 SALE 17630.3 16563.1 15619.8 15740.4 COGS 11016.8 9989.6 9367 9668.8 NI 1221.3 1697.4 1657.5 2131 3.1.Conduct. Iwo horizontal analyses using data for General Mill. Show all calculations (8. points) Round to three decimals... 3.2 Based on your analyses the above do you think performance of General Mill (a) favorable or (b) unfavorable and (b) why? (2+3 points)

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