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Motorvehicles of Boston, Inc., reported the following financial statements for 2021: (Click the icon to view the income statement.) Read the requirement (Click the icon
Motorvehicles of Boston, Inc., reported the following financial statements for 2021: (Click the icon to view the income statement.) Read the requirement (Click the icon to view the comparative Data table 8. Calpulate the now bazzouina ez naumant of long term notes novable. Matonicles of Bosto The Data table b. Ca The c. Ca Motorvehicles of Boston, Inc. Income Statement Year Ended December 31, 2021 The (In thousands) Service revenue Cost of goods sold Salary expense Depreciation expense Other expenses Total expenses Net income Motorvehicles of Boston, Inc. Comparative Balance Sheets December 31, 2021 and 2020 - X chicles of B (In thousands) Assets 2021 2020 Current: Liabilities Current: 2021 2020 Cash $ 23 $ 11 Accounts payable S 55 S 41 Accounts receivable 61 46 Salary payable 30 26 Inventory 74 89 Accrued liabilities 17 20 Prepaid expenses 7 6 Long-term note payable 63 58 $ 700 Plant assets, net 230 189 360 Long-term investments 56 50 71 Stockholders' Equity Common stock 50 37 236 55 Retained earnings 230 110 $ 451 $ 412 $ 451 S 412 Total Total 575 $ 125 Print Done Hooser Corporation reported the following amounts on its 2021 comparative income statements: (Click the icon to view the data.) Perform a horizontal analysis of revenues, expenses, and net income- both in dollar amounts and in percentages for 2021 and 2020. (Use a minus sign or parentheses for decreases. Enter all currency amounts in thousands as provided in the data. Round percentage changes to the nearest one-tenth of a percent, X.X%. Do not enter the % symbol in any of the input fields.) Hooser Corporation Horizontal Analysis Years Ended December 31, 2021, 2020 and 2019 Increase (Decrease) (In thousands) 2021 2020 2021 2020 2019 Amount % Amount % Revenues $ 20,473 S 10,822 20,998 $ 10,422 18,111 10,110 % % Expenses % % $ 9,651 S 10,576 $ 8,001 Net income % % Data table (In thousands) 2021 2020 2019 Revenues $ 20,473 $ 20,998 S 10,822 10,422 18,111 10,110 Expenses $ 9,651 $ 10,576 S 8,001 Net income Print Done
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