Catua Corporation makes cell phone covers and has the following comparative income statement for the years...

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Catua Corporation makes cell phone covers and has the following comparative income statement for the years ended December 31, 2025 and 2024: (Cick the icon to view the comparative income statement.) Read the requirement According to the horizontal analysis, even though Cafua's net sales revenue increased the company's expenses increased by a larger percentage netting an overall reduction in net income from next. That indicates that 2025 was a bad year in comparison to 2024. Complete a vertical analysis of Cafua Corporation's comparative income statement. (Round all percentages to the nearest tenth percent, XX. For example, enter 10.2% as 10.2. Complete all input boxes. Er zero percentages.) Cafua Corporation Income Statement Years Ended December 31, 2025 and 2024 Revenues Net Sales Revenue Other Revenues 2025 2025 Percent 2024 2024 Percent $ 400,000 % $ 300,000 % 0 600 % 400,000 % 300,600 Total Revenues Expenses Cost of Goods Sold 283,600 % 203,700 Engineering, Selling, and Administrative Expenses 72,400 % 58,800 Interest Expense 10,400 % 7,800 % Income Tax Expense 11,200 % 3,000 % Other Expenses 4,000 0 % % 381,600 273,300 Total Expenses % % $ 18,400 27,300 Net Income % Ask my instructor Clear all Catua Corporation makes cell phone covers and has the following comparative income statement for the years ended December 31, 2025 and 2024: (Cick the icon to view the comparative income statement.) Read the requirement According to the horizontal analysis, even though Cafua's net sales revenue increased the company's expenses increased by a larger percentage netting an overall reduction in net income from next. That indicates that 2025 was a bad year in comparison to 2024. Complete a vertical analysis of Cafua Corporation's comparative income statement. (Round all percentages to the nearest tenth percent, XX. For example, enter 10.2% as 10.2. Complete all input boxes. Er zero percentages.) Cafua Corporation Income Statement Years Ended December 31, 2025 and 2024 Revenues Net Sales Revenue Other Revenues 2025 2025 Percent 2024 2024 Percent $ 400,000 % $ 300,000 % 0 600 % 400,000 % 300,600 Total Revenues Expenses Cost of Goods Sold 283,600 % 203,700 Engineering, Selling, and Administrative Expenses 72,400 % 58,800 Interest Expense 10,400 % 7,800 % Income Tax Expense 11,200 % 3,000 % Other Expenses 4,000 0 % % 381,600 273,300 Total Expenses % % $ 18,400 27,300 Net Income % Ask my instructor Clear all