BE13.9 (LO 2), AP Writing Horizontal analysis (trend analysis) percentages for Phoenix Companys net sales, cost of goods sold, and expenses are listed here. Horizontal Analysis 2022 2021 2020 Net sales 96.2% 104.8% 100.0% Cost of goods sold 101.0 98.0 100.0 Expenses 105.6 95.4 100.0 Explain whether Phoenixs net income increased, decreased, or remained unchanged over the 3-year period. Calculate current ratio