Here are the comparative income statements of Sunland Corporation SUNLAND CORPORATION Comparative Income Statement For the Years Ended December 31 oport toring 2022 2021 Net sales Cost of goods sold Gross Profit $613,800 $556,000 457,400 437,400 156,400 118,600 73,400 41,900 $ 83,000 $76,700 Operating expenses Net income Prepare a horizontal analysis of the income statement data for Sunland Corporation, using 2021 as a base. Of amount a a decrease show the numbers as negative, eg.-55,000, -20% or (55,0001. (20%). Round percentages to 1 decimal place, s. 12 SUNLAND CORPORATION Comparative Income Statement Increase or (Decrease) During 2022 Orte to search Golia In Oo Emax B2 CROCKNE 73771 13999999999999999972 LIL e .comcourses/6806/assets/922409 ROWO Prepare a horizontal analysis of the income statement data for Sunland Corporation using 2021 as a base famount and percentage are a decrease show the numbers as negative, es-55.000,-20% (55.0001.(2012. Round percentages to 1 dedillo 12.1) SUNLAND CORPORATION Comparative Income Statement Increase or (Decrease) During 2022 Amount Percentage 2022 2021 Net sales $613.800 $556,000 $ Cost of goods sold 457,400 437.400 Gross Profit 156.400 118,600 41,900 Operating expenses 73,400 Net Income $ 83,000 $ 76,700 $ Prepare a vertical analysis of the income statement data for Sunland Corporation for both years. Round percentages to decimal e . 12.1) SUNLAND CORPORATION Condensed Income Statements 5556.000 Net Sales Cost of goods sold Gross Profit 5613.800 457.400 156.000 11600 were to sech 0-100 sou Solid Occ In Occ: .10 Emax clearance : 1.3 B 3099999999999999 Uperating expenses 73,400 41,900 Net Income $83,000 $76,700 $ Prepare a vertical analysis of the income statement data for Sunland Corporation for both years. Round percentages to decimal place, es. 12.1%) SUNLAND CORPORATION Condensed Income Statements 2022 2021 Percent Percent Net sales $613,800 % $556,000 Cost of goods sold 457.400 % 437.400 Gross Profit 156,400 118.600 Operating expenses 73.400 Net Income $76200 $83.000 Astance Used e Textbook and Media Textbook Attempts of used Save for Later 0- e to search Solid ore sou In Oce: clearance : 1.3 Enax B2 Here are the comparative income statements of Sunland Corporation SUNLAND CORPORATION Comparative Income Statement For the Years Ended December 31 oport toring 2022 2021 Net sales Cost of goods sold Gross Profit $613,800 $556,000 457,400 437,400 156,400 118,600 73,400 41,900 $ 83,000 $76,700 Operating expenses Net income Prepare a horizontal analysis of the income statement data for Sunland Corporation, using 2021 as a base. Of amount a a decrease show the numbers as negative, eg.-55,000, -20% or (55,0001. (20%). Round percentages to 1 decimal place, s. 12 SUNLAND CORPORATION Comparative Income Statement Increase or (Decrease) During 2022 Orte to search Golia In Oo Emax B2 CROCKNE 73771 13999999999999999972 LIL e .comcourses/6806/assets/922409 ROWO Prepare a horizontal analysis of the income statement data for Sunland Corporation using 2021 as a base famount and percentage are a decrease show the numbers as negative, es-55.000,-20% (55.0001.(2012. Round percentages to 1 dedillo 12.1) SUNLAND CORPORATION Comparative Income Statement Increase or (Decrease) During 2022 Amount Percentage 2022 2021 Net sales $613.800 $556,000 $ Cost of goods sold 457,400 437.400 Gross Profit 156.400 118,600 41,900 Operating expenses 73,400 Net Income $ 83,000 $ 76,700 $ Prepare a vertical analysis of the income statement data for Sunland Corporation for both years. Round percentages to decimal e . 12.1) SUNLAND CORPORATION Condensed Income Statements 5556.000 Net Sales Cost of goods sold Gross Profit 5613.800 457.400 156.000 11600 were to sech 0-100 sou Solid Occ In Occ: .10 Emax clearance : 1.3 B 3099999999999999 Uperating expenses 73,400 41,900 Net Income $83,000 $76,700 $ Prepare a vertical analysis of the income statement data for Sunland Corporation for both years. Round percentages to decimal place, es. 12.1%) SUNLAND CORPORATION Condensed Income Statements 2022 2021 Percent Percent Net sales $613,800 % $556,000 Cost of goods sold 457.400 % 437.400 Gross Profit 156,400 118.600 Operating expenses 73.400 Net Income $76200 $83.000 Astance Used e Textbook and Media Textbook Attempts of used Save for Later 0- e to search Solid ore sou In Oce: clearance : 1.3 Enax B2
