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Follow the instructions explained in class for Horizontal Analysis on how to analyze accounts. Based on the Income Statement below answer the following question: What

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Follow the instructions explained in class for Horizontal Analysis on how to analyze accounts. Based on the Income Statement below answer the following question: What is the change percentage from one year to the other on Net Income? * for your answer round to the whole number DO NOT use decimals, percentage signs, dollar signs not periods nor com 11) INCOME STATEMENT Fiscal Year in thousands of dollars 2020 2019 $3.722.000 $3.460.240 Revenues Costs and expenses Cost of sales Labor espenses Other operation costs and esses General and administrative asses Depreciation and amortization expenses Preopening costs Total costs and expenses Income from operations Interest expense Interest Income Other (espense income.net Income before income lares Income tax provision Net income 1.550.000 1.230.000 $23.500 135.400 $2.500 151700 1.450.000 1.150.000 525.300 163,500 $2.500 38.900 10.500 1.050 -600 16.900 1900 500 6.353 2851

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