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Healthfil Living Corporason's annual sales and net income tata for the years 20142000 as well as the compary/s 2020 and 2019 comparzive income statements are
Healthfil Living Corporason's annual sales and net income tata for the years 20142000 as well as the compary/s 2020 and 2019 comparzive income statements are presented below. (Click on the loon to vew annual sains and net income data for the ytars 2014-2020.) (Cick the icon to view the comparative income statement) Read the teguirements Requirement 1. Perform a trend analysis of sales revenues and net income for the years 20142020, ining 2014 as the base year. Comment on the results. perseresos to the cescest ferth of a percent, 4.) Healthoul Living Corporation Horkontal Analyais of Comparative Income Statements Requirement 2. Perform a horizontal analysis of the income statements for the years 2019-2020 and comment on the results. (Use a parontheses or minus sign for a decrense. Round the peccentages to the nearest tenth of a percert, %.) Mealthful Living Corporation Healthut Living Corporation Income statements For the fiseal Years 2020 and 2019 The vertical analyeis in 2020 shows that Healthful Livingrs gross profit is K of sabs and operating expenses use up of the company's sales. Interest expense and income taxes, combined, use up another W of sules revenue. As a result, net income is approximately Annual sales and net income data Comparative income statement income sults. (Use a parentheses or min Requirements 1. Perform a trend analysis of sales revenues and net income for the years 2014-2020, using 2014 as the base year. Comment on the results. 2. Perform a horizontal analysis of the income statements for the years 2019-2020 and comment on the results. 3. Perform a vertical analysis of the income statements for the years 2019-2020 and comment on the results
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