12 Required: 131. Prepare a trend analysis using the oldest year as the base year. 34 2. Prepare a horizontal analysis (dollar and percent of change) for the current and prior year. 15 3. Prepare a vertical analysis showing the common size percent for the current and prior year. 16 4. Explain the results of your analysis. H 17 18. Trend Percentages (show percentages only for Trend Analysis) 19 2024 2023 2022 Hint? Trend Percent-Ea 2021 20 Sales $13,000 21 Cost of Goods Sold $8,840 22 Gross Margin $4,160 23 Operating Expense $3,250 24 Net Operating Income $910 25 20 b. Horizontal Analysis 97 2024 2025 $ Change % Change 28 Sales $13,000 * Hint? Dollar Change Cur 29 Cost of Goods Sold $8,840 30 Gross Margin $4,160 31 Operating Expense $3,250 32 Net Operating Income $910 34. Vertical Analysis 35 36 Sales 37 Cost of Goods Sold $13,000 $8,840 Homework Settings 2024 2023 Hint? Common size perce