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HELP!!!! Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 2B Conduct a horizontal analysis by calculating the

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Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 2B Conduct a horizontal analysis by calculating the year-over-year changes in each line item, expressed in dollars and in percentages for the income statement of Computer Tycoon Incorporated for the year ended December 31, 2018. (Decreases should be indicated by a minus sign. Round percentage values to 1 decimal place.) COMPUTER TYCOON, INCORPORATED Income Statements For the Year Ended December 31 Change in 2018 2017 Dollars Percentage Sales Revenue $ 101,000 $ 121,500 $ (205.000) Cost of Goods Sold 60,500 71.900 (11 400) % Gross Profit 40,500 49,600 (9.100) % Selling, General, and Administrative Expenses 36,100 37.200 (1.100) % Interest Expense 510 480 30 % Income before Income Tax Expense 3,890 11,920 (8,030) Income Tax Expense 1,000 5,100 (4.100) Net Income $ 2,890 S 6,820 $ (3,930) * * * * * Reg Req2A > Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A Reg 28 Conduct a vertical analysis by expressing each line as a percentage of total revenues. (Round percentage values to 1 decimal place.) COMPUTER TYCOON, INCORPORATED Income Statements For the Year Ended December 31 2018 2017 Sales Revenue $ 101,000 $ 121,500 Cost of Goods Sold 60,500 96 71.900 Gross Profit 40,500 96 49,600 96 Selling, General, and Administrative Expenses 36,100 % 37,200 9 Interest Expense 510 % 480 % Income before Income Tax Expense 3,890 % 11.920 % Income Tax Expense 1,000 95 5,100 % Net Income $ 2,890 % 6,820 % RR s 1. Conduct a horizontal analysis by calculating the year-over-year changes in each line item expressed in dollars and in percentages for the income statement of Computer Tycoon Incorporated for the year ended December 31, 2018 2-a. Conduct a vertical analysis by expressing each line as a percentage of total revenues 2-b. Excluding income tax, interest, and operating expenses, did Computer Tycoon earn more gross profit per dollar of sales in 2018 compared to 2017? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A Reg 26 Excluding income tax, interest, and operating expenses, did Computer Tycoon cam more gross profit per dollar of sales in 2018 compared to 2017? Yes ONO

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