horizontal analysis

vertical analysis

Comparative Income Statement Kimball Corporation Income Statement Years Ended December 31, 2019 and 2018 2019 2018 Revenues: Net Sales Revenue 300,000 $ 0 250,000 1,000 300,000 251,000 214,200 170,000 Other Revenues Total Revenues Expenses: Cost of Goods Sold Engineering, Selling, and Administrative Expenses Interest Expense Income Tax Expense Other Expenses 48,000 54,000 6,000 5,000 9,000 2,700 3,000 0 Total Expenses 285,900 226,000 14,100 $ 25,000 Kimpal Corporation Income Statement Years Ended December 31, 2019 and 2018 Increase (Decrease) Amount Percentage 2019 2018 $ 300,000 $ 0 250,000 1,000 % 300,000 251,000 % Revenues: Net Sales Revenue Other Revenues Total Revenues Expenses: Cost of Goods Sold Engineering, Selling, and Administrative Expenses Interest Expense Income Tax Expense Other Expenses Total Expenses % % 214,200 54,000 6,000 9,000 170,000 48,000 5,000 3,000 % 2,700 0 % 285,900 226,000 % 14,100 $ 25,000 2018 2018 Percent % 250,000 1,000 % 251,000 Kimball Corporation Income Statement Years Ended December 31, 2019 and 2018 2019 2019 Percent Revenues: Net Sales Revenue $ 300,000 % $ Other Revenues 0 % Total Revenues 300,000 % Expenses Cost of Goods Sold 214,200 % Engineering, Selling, and Administrative Expenses 54,000 % Interest Expense 6,000 Income Tax Expense 9,000 % Other Expenses 2,700 % Total Expenses 285,900 % Net Income 14,100 % % 170,000 % 48,000 5,000 3,000 0 % 226,000 % $ 25,000