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For Week 3, please complete the following for Joes Fly-By-Night Oil Company, whose latest income statement and balance sheet are shown below: Prepare a
- For Week 3, please complete the following for Joe’s Fly-By-Night Oil Company, whose latest income statement and balance sheet are shown below: • Prepare a graph of sales and net income for the years 2020 – 2023. For the purposes of this exercise, assume the following historical sales and net income figures for Joe’s Fly-By-Night Oil: Year Sales Net Income 2020 $8,200 $1,500 2021 $8,000 $1,400 2022 $9,000 $1,600 2023 $10,000 $1,800 Comment on the results displayed on the graph.
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