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ASAP menow.com/ilm/takeAssignment/take AssignmentMain.do?inprogress=true Calculator Exercise 12-72 Horizontal Analysis of Income Statements Consolidated income statements for Winged Manufacturing follow. Winged Manufacturing Consolidated Income Statements (in thousands

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menow.com/ilm/takeAssignment/take AssignmentMain.do?inprogress=true Calculator Exercise 12-72 Horizontal Analysis of Income Statements Consolidated income statements for Winged Manufacturing follow. Winged Manufacturing Consolidated Income Statements (in thousands except per share amounts) Three fiscal years ended December 31, 2019 2018 2017 Sales $9,188,748 $7,976,954 $7,086,542 Costs and expenses: $6,844,915 $5,248,834 664.564 $3,991,337 602,135 564,303 Cost of goods sold Research and development Selling, general, and administrative Restructuring costs and other 1,384,111 1,632,362 320,856 (126,855) $7,866,616 $8,666,474 $522,274 (21.988) 1,637,262 50,000 $6,280,734 $805,808 49,634 $855,442 $110.338 HEET 29,321 Operating income Interest and other income, net Income before income taxes Provision for income taxes $500,286 190,100 $139,659 53,070 325.069 Previous ms 90 PM 5/11/20 o i Search Uud Lil Pee cash flow - X + com/ilm/takeAssignment/take AssignmentMain.do?inprogress=true Calculator Requires Prepare common size income statements for horizontal analysis. Enter your answers in percentage terms, rounded to two decimal places, and do not include the "%" sign with your answer. For example, "100.00" or "28.72". For those boxes in which underlying dollar amount is shown as negative, use a minus sign. You do not need to include the actual dollar amounts shown above. Winged Manufacturing Consolidated Income Statements 2019 2018 2017 . Sales Costs and expenses: Cost of goods sold Research and development Selling general, and administrative Restructuring costs and other . Operating income Interest and other income, net Income before income taxes Provision for income taxes Net income Earnings per common and common equivalent share A GOS Previous i 9:43 PM 5/13/2020 BE o ch

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