2022 2021 Horizontal analysis (trend analysis) percentages for Omega Company's sales, cost of goods sold, and expenses are listed here. Horizontal Analysis 2023 Sales revenue 98.2 % 100.0 % Cost of goods sold 97.5 100.0 Expenses 96.4 100.0 104.8 % 103.1 108.6 Did Omega's net income increase, decrease, or remain unchanged over the 3-year period? Net income