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Horizontal analysis Two income statements for Paragon Company follow: Paragon Company Income Statements For the Years Ended December 31 20Y7 20Y6 $1,416,000 $1,200,000 (1,044,000) (900,000)
Horizontal analysis Two income statements for Paragon Company follow: Paragon Company Income Statements For the Years Ended December 31 20Y7 20Y6 $1,416,000 $1,200,000 (1,044,000) (900,000) $372,000 $300,000 Fees earned Expenses Net income Prepare a horizontal analysis of Paragon Company's income statements. Paragon Company Income Statements For the Years Ended December 31 20Y7 20Y6 Fees earned $1,416,000 $1,200,000 $ Expenses (1,044,000) (900,000) Net income $372,000 $300,000 $ Increase/(Decrease) Amount Percent 8 8 8 % % % 0 Horizontal analysis Two income statements for Paragon Company follow: Paragon Company Income Statements For the Years Ended December 31 Prepare a horizontal analysis of Paragon Company's income statements. Paragon Company Income Statements For the Years Ended December 31
Horizontal analysis Two income statements for Paragon Company follow: Paragon Company Income Statements For the Years Ended December 31 20Y7 20Y6 $1,416,000 $1,200,000 (1,044,000) (900,000) $372,000 $300,000 Fees earned Expenses Net income Prepare a horizontal analysis of Paragon Company's income statements. Paragon Company Income Statements For the Years Ended December 31 20Y7 20Y6 Fees earned $1,416,000 $1,200,000 $ Expenses (1,044,000) (900,000) Net income $372,000 $300,000 $ Increase/(Decrease) Amount Percent 8 8 8 % % % 0
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