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Below is the comparative income statement of Variline, Inc. EEB (Click the icon to view the comparative income statement.) Requirements 1. Prepare a horizontal analysis

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Below is the comparative income statement of Variline, Inc. EEB (Click the icon to view the comparative income statement.) Requirements 1. Prepare a horizontal analysis of the comparative income statement of Variline, Inc. Round percentage changes to the nearest tenth of a percent. 2. Why did net income increase by a higher percent than total revenues increased during 2016 Requirement 1. Prepare a horizontal analysis of the comparative income statement of Variline, Inc. Round percentage changes to the nearest tenth of a percent, X.x%. (Use a minus sign or parentheses for a decrease.)

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