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Can you answer these questions in the yellow field with correct answers 8:37 N. am sharing 'Workshop...Student (1) (4)' with you k O 5 :

Can you answer these questions in the yellow field with correct answers

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8:37 N. am sharing 'Workshop...Student (1) (4)' with you k O 5 : fx A B C D E 1 5.1 Horizontal Analysis Points: 9 items @ 2 points = 1 2 Concept - Comparing performance of various components of 3 Use the table to the right to assist in the calculation of the % 4 5 Directions: Perform a Horizontal Analysis of the income state 6 the information provided below 7 8 Daffy and Friends 9 Income Statement 10 2018 2017 11 Sales $ 350,000 $ 200,0 12 Cost of Goods Sold 200,000 124,0 13 Selling Expenses 35,000 20,00 14 Administrative Expenses 22,000 18,0 15 Interest Expense 8,500 8,0 16 Total Expenses 265,500 170,0 17 Income Before Taxes 84,500 30,0 18 Income Tax Expense 3,000 3,0 19 Net Income 81,500 27,01 20 21 22 23 Daffy and Friends 24 Horizontal Analysis of Income Statements Percent Change 25 over 2018 26 Sales 75% 27 Cost of Goods Sold 0% 28 Selling Expense 0% 29 Administrative Expenses 0% 30 Interest Expense 0% 31 Total Expense 0% 32 Income Before Taxes 0% 33 Income Taxes Expense 0% 34. Net Income (loss) 0% Problem 5.1 Problem 5.2 + III O

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