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D B E F. 1 For the years 2018 - 2020, conduct a horizontal and vertical analysis using the info below. 2 3 4 5

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D B E F. 1 For the years 2018 - 2020, conduct a horizontal and vertical analysis using the info below. 2 3 4 5 6 2019 2018 $262,268 $167,147 ($194,371) ($127,619) $67,897 $39,528 ($42,975) ($26,431) 7 2020 8 9 Net Sales $315,539 10 11 Cost of goods sold ($346,791) 12 13 Gross profit ($31,252) 14 15 Selling, general and adminis ($96,195) 16 17 Interest and other income 0 18 19 Interest expense ($5,972) 20 21 Income before taxes ($133,419) 22 23 Pension contribution 0 24 25 Income taxes $24,321 26 27 Net income (loss) ($109,098) $3,210 $1,418 ($820) ($572) $27,312 $13,943 ($800) ($600) ($13,268) ($6,976) $13,244 $6,367

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