According to the producer price index database maintained by the Bureau of Labor Statistics, the average cost of computer equipment fell 3.8 percent between January and December 2018 Required: 1. Conduct a horizontal analysis by calculating the year-over-year changes in each line item, expressed in dollars and in percentages for the income statement of Computer Tycoon incorporated for the year ended December 31, 2018. 2-o. Conduct a vertical analysis by expressing each line as a percentage of total revenues. 2.b. Excluding income tax, interest, and operating expenses, did Computer Tycoon eam more gross profit per dollar of sales in 2018 compared to 2017? Complete this question by entering your answers in the tabs below. Conduct a horizontal analysie by calculating the year-over-year changes in each line item, expressed in dollars and in percentages for the income statement of Computer Tycoon Incorporated for the year ended December 31, 2018. (Decreases should be indicated by a minus sign. Round percentage values to 1 decimal place.) According to the producer price index database maintained by the Bureau of Labor Statistics, the average cost of computer equipmen fell 3.8 percent between January and December 2018. Required: 1. Conduct a horizontal analysis by calculating the year-over-year changes in each line item, expressed in dollars and in percentages for the income statement of Computer Tycoon incorporated for the year ended December 31, 2018. 2-a. Conduct a vertical analysis by expressing each line as a percentage of total revenues. 2.b. Excluding income tax, interest, and operating expenses, did Computer Tycoon earn more gross profit per dollar of sales in 2018 compared to 2017? Complete this question by entering your answers in the tabs below. Conduct a vertical analysis by exprersing each line af a percentage of total revenues. (Round percentage values to 1 decimat place.) According to the producer price index database maintained by the Bureau of Labor Statistics, the average cost of computer equipment fell 3.8 percent between January and December 2018. Required: 1. Conduct a horizontal analysis by calculating the year-over-year changes in each line item, expressed in dollars and in percentages for the income statement of Computer Tycoon Incorporated for the year ended December 31, 2018: 2-a. Conduct a vertical analysis by expressing each line as a percentage of total revenues. 2-b. Excluding income tax, interest, and operating expenses, did Computer Tycoon earn more gross profit per dollar of sales in 2018 compared to 2017 ? Complete this question by entering your answers in the tabs below. Excluding income tax, interest, and operatung expenses, did Computer Tycoon earn more gross profit per dollar of sales in 2018 compared to 20172 iccording to the producer price index database maintained by the Bureau of Labor Statistics, the aveldye in come statement of inigo eil 38 percent between January and December 2018. Let's see whether these changes are reffected in the incon Peripherals for the year ended December 31, 2018. Required: 1. Compute the gross profit percentage for each year. Assuming that the change from 2017 to 2018 is the beginning of a sustained trend, is inigo likely to earn more or less gross profit from each dollar of sales in 2019 ? 2. Compute the net profit margin for each year. Given your calculations here and in requirement 1, explain whether Zigga did a better or worse job of controling operating expenses in 2018 relative to 2017. 3. Inigo reported average net fixed assets of $54,600 in 2018 and $45,500 in 2017 . Compute the fixed asset turnover ratios for both years. Did the company better utilize its investment in fixed assets to generate revenues in 2018 or 2017 ? 4. Inigo teported average stockholders' equity of $54,400 in 2018 and $41,200 in 2017 . The company has not issued preferred stock. Compute the return on equity ratios for both years. Did the company generate greater returns for stockholders in 2018 than in 2017? Complete this question by entering your answers in the tabs below. 1-a. Compute the gross profit percentage for each year. (Round percentaga values to 1 decimal glace.) 1-b. Assuming that the change from 2017 to 2018 is tha beginning of a eustained trend, is Inigo Mkely to erarn more or teis gross prokit from each dollar of ealet in 2019 ? Peripherals for the year ended December 31, 2018. Required: 1. Compute the gross profit percentage for each year. Assuming that the change from 2017 to 2018 is the beginning of a sustained trend, is Inigo likely to eam more or less gross profit from each dollar of sales in 2019 ? 2. Compute the net profit margin for each year. Given your calculations here and in requirement 1, explain whether Zigga did a better or worse job of controlling operating expenses in 2018 relative to 2017. 3. Inigo reported average net fixed assets of $54,600 in 2018 and $45,500 in 2017 . Compute the fixed asset tumover ratios for both years. Did the company better utilize its investment in fixed assets to generate revenues in 2018 or 2017 ? 4. Inigo reported average stockholder' equity of $54,400 in 2018 and $41,200 in 2017 . The company has not is sued preferred stock. Compute the retum on equity ratios for both years. Did the company generate areater returns for stockholders in 2018 than in 2017? Complete this question by entering your answers in the tabs below. 2-a. Compute the net profit margin for each year. (Round percentage values to 1 decimal place.) 2-b. Did inigo do a better of worwe job of controting operating expenses in 2018 relative to 2017 ? According to the producer price index database maintained by the Bureau of Labor Statistics, the average cost of computer equipment fell 3.8 percent between January and December 2018 . Let's see whether these changes are reflected in the income statement of Inigo Peripherals for the year ended December 31, 2018. Required: 1. Compute the gross profit percentage for each year. Assuming that the change from 2017 to 2018 is the beginning of a sustained trend, is inigo likely to earn more or less gross profit from each dollar of sales in 2019 ? 2. Compute the net profit margin for each year. Given your calculations here and in requirement 1, explain whether Zigga did a better or worse job of controling operating expenses in 2018 relative to 2017. 3. Ingo reported average net fixed assets of $54.600 in 2018 and $45.500 in 2017 Compute the fixed asset turnover ratios for both years. Did the company better utilze its investment in foed assets to generate revenues in 2018 or 2017 ? 4. Inigo repotted average stockholders' equity of $54,400 in 2018 and $41,200 in 2017 . The company has not issued preferred stock. Compute the return on equity ratios for both years. Did the company generate gibater returns for stockholders in 2018 than in 2017 Complete this question by entering your answers in the tabs below, 3ra. Inigo reported average net fixed assuts of $54,600 in 2018 and 5.45,500m2017, Compute the fixed asset turnover. rabies for both years. (fiound yout answers to 2 decimal place.) 3-b. Did the company better utilize its investrnent in foxed assetu to generate revenues in 2018 or 2017 . According to the producer price index database maintained by the Bureau of Labor Statistics, the average cost of computer equipment fell 38 percent between January and December 2018. Let's see whether these changes are reflected in the income statement of Inigo Peripherals for the year ended December 31,2018 Required: 1. Compute the gross profit percentage for each year. Assuming that the change from 2017 to 2018 is the beginning of a sustained trend, is Inigo likely to earn more or less gross profit from each dollar of sales in 2019? 2. Compute the net profit margin for each year. Given your calculations here and in requirement 1, explain whether Zigga did a better or worse job of controlling operating expenses in 2018 relative to 2017. 3. Inigo reported average net fixed assets of $54,600 in 2018 and $45,500 in 2017 . Compute the fixed asset turnover ratios for both years. Did the company better utilize its investment in fixed assets to generate revenues in 2018 or 2017 ? 4. Inigo reported average stockholders' equity of $54,400 in 2018 and $41,200 in 2017 . The company has not issued preferred stock. Compute the return on equity ratios for both years. Did the company generate greater returns for stockholders in 2018 than in 2017 Complete this question by entering your answers in the tabs below. 4-a. Ining teported average stoclholders' equity of 554,400 in 2018 and $41,200 in 2017. The company has not issued preforred stock. Compute the return on equity ratios for both years. (Round your answers to 1 decimal placen.) 4.b. Did the company generate greater returns for stocktiolders in 2018 than in 2017