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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
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 Total Cost and Expenses? *for your answer round to the whole number DO NOT use decimals, percentage signs, dollar signs not periods nor commas. Le, (11) INCOME STATEMENT Fiscal Year in thousands of dollars 2020 2010 $ 3.722.000 $3.460 240 Revenues Costs and expenses Cost of sales Labor expenses Other anerating costs and ROCK Cosminal and straty.c.cocoasa Depreciation and amortization expenses Preopening costs Total costs and expenses Income from operations Interest expense Interest Income Other expense, come nel Income before income Lates Income ta provision 1 550 000 1 230 000 6250 13400. 82.500 45.700 1 450 000 0 000 S) RC! 15.100. $2.500 39.900 10300 1.030 16.000 1 900 DOO 200 161983 ESS Net income
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