Data for Mill ?Designs, Inc.? follow:

ata for Mill Designs, Inc. follow EEB (Click the icon to view the data.) Prepare a horizontal analysis of the comparative income statement of Mill Designs, Ins. Round percentage changes to one decimal place. Why did 2010 net income increase by a higher percentage than net sales revenue? 2. Requirement 1 Prepare horizontal analysis 0 the oom Parat ve ?ncome statement a Mil Designs no Round percentage changes o?ne door a place. Round he percentages o one dei mal place, XX% use a minus sign or parentheses o indicate a decrease Mill Designs, Inc. Comparative Income Statement Years Ended December 31, 2016 and 2015 Data Table Increase (Decreaso) Amount Percentage Mill Designs, Inc. Comparative Income Statement Years Ended December 31, 2016 and 2015 2016 2015 Net Sales Revenue S 431,000 372,000 Expenses 2016 2016 Cost of Goods Sold Selling and Administrative Expenses Other Expenses Total Expenses 204,050 99.350 8.350 312,650 187,550 93.000 3.000 283,550 88,460 Net Sales Revenue S 431.000 S 372,000 Cost of Goods Sold Selling and Administrative Expenses Other Expenses Total Expenses 204.950 09.350 8.350 187,550 3.000 3,000 312,650 283,550 S 118,350 88,450 S118,350 S Net Income Net Income Print Done