Eestion 7 ot yet swered arked out of 00 According to the income statement below, which of the following shows the correct % values for vertical analysis and horizontal analysis of operating expenses? (both for 2020) Flag question Income Statement Sales -COGS Gross Profit -Operating Expenses Operating Profit -Interest expense Profit before tax - Net Profit 2020 100,000 60,000 40,000 16,000 24,000 4,000 20,000 4,000 16,000 2019 85,000 52,000 33,000 12,000 21,000 3,000 18,000 3,000 15,000 Select one: O a. V: 19.5% and H:41.5 % b. V: 16% and H:33.3 % O c. V: 14 % and H: 14 % O d. V: 22.5 % and H:38.5 %