Multiple Choice Questions 1. Horizontal analysis percentages for BB Ltd.'s sales, cost of sales and expenses are presented below: Identify the net increase, decrease or remain unchanged of profit over the years 1) 2016, and 2) 2017. a) 1) increased; 2) decreased b) 1) decreased; 2) increased c) 1) increased; 2) increased d) 1) decreased; 2) decreased