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I don't know how to do the percentage side, 12 Saved The income statements for Anything Tennis for the years ending December 31, 2021 and
I don't know how to do the percentage side,
12 Saved The income statements for Anything Tennis for the years ending December 31, 2021 and 2020, ar Required: I. Complete the "Amount" and "%" columns to be used in a horizontal analysis of the income stater Tennis. (Decreases should be indicated by a minus sign. Round your percentage answers to 1 d ANYTHING TENNIS Income Statements For the Years Ended December 31 Increase (Decrease) Amount 2021 2020 $ 3,230,000 2,440,000 $ 790,000 725,000 65,000 171,000 (106,000) 3,100 (102,900) (35,500) $ 317,700 $ 385,100 $ (67,400) 32.3 54.3 5.9 28.8 Net sales 1,335,000 1,105,000 594,000 511,000 5,100 516,100 131,000 2,060,000 1,170,000 765,000 405,000 8,200 413,200 95,500 Cost of goods sold Gross profit Operating expenses Operating income Other income (expense) Income before tax Income tax expense Net income 2 of 8. Next >Step by Step Solution
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