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Data table - X analysis st tenth of a percent, Wellll ysis of a ded Decd Wellington, Inc. Comparative Income Statement Years Ended December 31,

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Data table - X analysis st tenth of a percent, Wellll ysis of a ded Decd Wellington, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 Revenue $ 487,000 $ 439,500 Expenses Cost of goods sold 242,000 225,000 Selling and general expenses 123,500 120,000 Interest expense 9,000 3,500 Income tax expense 51,200 40,900 Total expenses 425,700 389,400 Net income 61,300 $ 50,100 2 $ Print Done ncrease Below is the comparative incontestatement of Wellington, Inc. Click then to view the companive Income went Read Mequirements, prepare a nonostanalyers of the comparative income start of Wonington, Inc. Moro percentage changes to no nearest corneta pere. As mus or parentes for a decrease) Wellington, Inc. Moritzontal Analysis of Comparative Income Statement Year Ended December 31, 2015 und 2017 Increase (Decrease) 2018 2017 Am Percentage Re 187.000 450.500 Eps Cost of goods word 242.000 225.000 Siling and generalespers 123.500 120.000 3,000 3.500 $1,200 come la 40.000 Total pense 425.700 389.400 61.00 50.100 Netcom Requirement 2. Why did not come increase by a higher percentage than total revenues increased during 2018? Nerea creased by a higher percentage taries during 2018 because increased there and

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