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Atlantis, Inc. reported the following data: 2017 $6,380 3,430 2,950 2016 Amount Percentage $4,960 $1,420 28.63% 2,200 1,230 55.91% 2,760 190 6.88% 720 630 90
Atlantis, Inc. reported the following data: 2017 $6,380 3,430 2,950 2016 Amount Percentage $4,960 $1,420 28.63% 2,200 1,230 55.91% 2,760 190 6.88% 720 630 90 14.29% Revenues Cost of goods sold Gross profit Operating expenses: Sales and marketing expense General and administrative expenses Research and development expense Other expense Total operating expenses Income before income tax Income tax expense Net income (loss) 460 435 25 5.75% 500 490 2,170 780 240 $540 490 740 2,295 465 230 $235 10 (250) (125) 3151 $10 $305 2.04% (33.78)% (5.45)% 67.74% 4.35% 129.79% The horizontal analysis shows that cost of goods sold has decimal places.) (Round your answer to two increased by 55.91% increased by 28.63% decreased by 55.91% decreased by 28.63%
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