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Horizontal analysis (trend analysis) percentages for Phoenix Companys sales revenue, cost of goods sold, and expenses are listed here. Horizontal Analysis 2020 2019 2018 Sales

Horizontal analysis (trend analysis) percentages for Phoenix Companys sales revenue, cost of goods sold, and expenses are listed here.

Horizontal Analysis

2020

2019

2018

Sales revenue

94.7 % 107.9 % 100.0 %

Cost of goods sold

103.7 94.5 100.0

Expenses

107.2 94.1 100.0

Did Phoenixs net income increase, decrease, or remain unchanged over the 3-year period?

2020

select an option > Increased/Decreased/Remained Unchanged

2018

select an option > Increased/Decreased/Remained Unchanged

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