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a) Trend percentages The condensed comparative statements of Modern Health Ine. follow Modern Health Inc. Income Statement (8000) For Years Ended December 31 2020 2019
a) Trend percentages The condensed comparative statements of Modern Health Ine. follow Modern Health Inc. Income Statement (8000) For Years Ended December 31 2020 2019 2018 $630 5658 $644 266 276 272 2017 2016 $742 2015 $725 2014 $784 8686 Net sales Cost of poods sold.. 291 307 297 300 250 290 257 314 323 329 357 Operating expenses Pront before taxes $ $4 $92 S55 $ 51 $112 $102 $123 Required: Calculate trend percentages for the items of the statements using 2014 as the base year. MODERN HEALTH INC. Income Statement Trends For Years Ended December 31, 2014-2020 2020 2019 2018 2017 2016 2015 2014 Net sales Cost of goods sold Operating expenses Profit before taxes
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