Ch 14: HW_ACC210-05 Question 3 of 8 - 76 E View Policies Current Attempt in Progress Horizontal analysis (trend analysis) percentages for Sheridan Company's net sales, cost of goods sold, and expenses are listed here. Horizontal Analysis 2022 2021 2020 Net sales 95.0 % 109.1 % 100.0 % Cost of goods sold 103.9 94.5 100.0 Expenses 109.3 942 100.0 Did Sheridan's net income increase, decrease, or remain unchanged over the 3-year period? 2020 to 2021 2021 to 2022 e Textbook and Media Save for Later Attempts: 0 of 1 used Submit