ccording to the producer price index database maintained by the Bureau of Labor Statistics, the avera ell 3.8 percent between January and December 2016. Required: 1. Conduct a horizontal analysis by calculating the year-over-year changes in each line item, expressed i for the income statement of Computer Tycoon Inc. for the year ended December 31, 2016. 2-a. Conduct a vertical analysis by expressing each line as a percentage of total revenues. 2-b. Excluding income tax, interest, and operating expenses, did Computer Tycoon earn more profit per doll compared to 2015? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A Req 2B Conduct a horizontal analysis by calculating the year-over-year changes in each line item, expressed in dollars and in percentages for the income statement of Computer Tycoon Inc. for the year ended December 31, 2016. (Decreases sh indicated by a minus sign. Round percentage values to 1 decimal place.) COMPUTER TYCOON, INC. Income Statements For the Year Ended December 31 Change in Dollars Percentage $ $ Sales Revenue Cost of Goods Sold se Dent 2016 115,000 67,500 47 ann 2015 142,500 77,500 Ann? Req 1 Req 2A Req 2B Conduct a horizontal analysis by calculating the year-over-year changes in each line item, expressed in dollars and in percentages for the income statement of Computer Tycoon Inc. for the year ended December 31, 2016. (Decreases shoul indicated by a minus sign. Round percentage values to 1 decimal place.) COMPUTER TYCOON, INC. Income Statements For the Year Ended December 31 Change in Dollars Percentage $ $ Sales Revenue Cost of Goods Sold Gross Profit Selling, General, and Administrative Expenses Interest Expense Income before Income Tax Expense 2016 115,000 67,500 47,500 37,500 650 9,350 2,000 7,350 2015 142,500 77,500 65,000 40,000 550 24,450 6,500 17,950 Net Income $ $ Req2A > Reg 1 Req 2A Req 2B Conduct a vertical analysis by expressing each line as a percentage of total revenues. (Round percentage values to 1 place.) COMPUTER TYCOON, INC. Income Statements For the Year Ended December 31 2016 Sales Revenue $ 115,000 Cost of Goods Sold 67,500 Gross Profit 47,500 Selling, General, and Administrative Expenses 37,500 Interest Expense 650 Income before Income Tax Expense 9,350 Income Tax Expense 2,000 Net Income S 7,350 Real 2015 142,500 77,500 65,000 40,000 550 24.450 6,500 17,950 % % % % $ Required: 1. Conduct a horizontal analysis by calculating the year-over-year changes in each line item, expressed in doll for the income statement of Computer Tycoon Inc. for the year ended December 31, 2016. 2-a. Conduct a vertical analysis by expressing each line as a percentage of total revenues. 2-b. Excluding income tax, interest, and operating expenses, did Computer Tycoon earn more profit per dollar of compared to 2015? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Reg 2B Excluding income tax, interest, and operating expenses, did Computer Tycoon earn more profit per dollar of sales in 2016 compared to 2015?
